With Orlando home prices rising six times faster than wages in the last year, competition has revved up for condos and townhouses, a new report shows. The smaller, more affordable residential options represented just 12 percent of the 3,508 home sales in an area of mostly Orange and Seminole counties last month. But prices of
Forbes’ annual list of America’s fastest-growing cities provides a holistic picture of places on the upswing. We look at growth of population, employment, wages, economic output and use home price growth as a proxy for wealth. Here are the 25 metropolitan areas across the country experiencing the biggest surges, plus the growth rates and projections
Orlando’s home sales dropped off more and home prices rose faster in March from a year earlier than in the state as a whole, raising questions of whether the chill in sales is temporary or long term. In March, home sales for Orange, Seminole, Lake and Osceola counties were down 4.2 percent to 3,056.