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If you’ve been contemplating whether to buy a second home in Orlando, now is an excellent time to do so. Forbes magazine recently rated Orlando #2 in its list of the best U.S. cities to invest in housing in 2016. While rising housing prices and stagnant wages may dissuade first-time home buyers from entering the market, current economic conditions are excellent for investors who want to put their money into rental properties. 

Forbes teamed up with data company Local Market Monitor to compile the Best Buy Cities list. Orlando and the other top cities were cited because they boast healthy job growth, strong population growth, and anticipated home price appreciation. 

Housing prices fell sharply in the Orlando area during the recession as would-be…

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Generously spaced covered patio, perfect for entertaining! The pool and spa area is not overlooked by rear neighbors. There are two master suites with direct access to the pool deck. The pool bath is shared by the two additional bedrooms. The kitchen and family room is open and inviting with tile flooring in all the high traffic areas. The garage has been converted into a games room with lots of seating for all to enjoy!

Asking Price $257,500


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The price is not a mistake! Over 3,500 SQ FT, fully furnished, private pool and asking under $280,000 is correct. The ideal Florida vacation home and it comes with rentals in place for 2016. Two master suites and open floor plan. Make sure you view this home before you are too late!!!

 

 Asking Price $279,950 (From $299,950)


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February 'facts' from the Orlando resort area...

The overall resort area inventory increased by 1.4% in February compared to January as 2053 homes ended the month advertised for sale. By type this total comprised 1957 normal owner listings which represented an increase of 46 homes from last month. Conversely bank owned listings were down 12 at 59 and short sale listings fell by 4 at 37. Overall inventory was 16.5%  above February 2015. The average days on market that a home takes to sell was down 2 from last month at 129 whilst the average percentage price achieved compared against final listing price was marginally down at 96.6%. The median price of an area home month on month showed a 0.8% gain at $168,857 and was up 3.2% from February 2015. During…

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Located directly on the Highlands Reserve golf course is this sensational 5 bedroom 3 bathroom pool home with spectacular views. Fully furnished with brand new carpets and zoned for short term rental (STR) allow you to use this as a second home and rent the property when you desire. Only minutes from Disney World.

 Sold Price $260,000

 

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Two master suites and ceramic tile floors throughout the kitchen, living and dining areas, makes this home functional for families. Located in the charming and quiet community of Clear Creek conveniently situated off Highway 27 is this attractive fully furnished home suitable as a residential property or short term rental and vacation home. The pool deck also provides ample space for entertaining or just relaxing the days away in the Florida sun.

 Sold Price $185,000

 

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Resort Living at its Finest!!! 2nd floor unit of a 3 story building, offering 3 bedrooms and 2 full bathrooms, as well as a cozy kitchen with breakfast bar that opens to the living room/dining room combo. Both living room and master suite access the screened porch. Master suite offers walk-in closet and private bathroom with shower/tub combo. Enjoy the convenience of living in a gated community, that offers a pool with spa, a clubhouse and fitness center, as well as being located just minutes from excellent dining and shopping opportunities, as well as area attractions, major roadways and so much more!  

 Sold Price $65,000

 

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Move in ready!!! This sensational 3 bedroom 2.5 bathroom property only steps from the clubhouse & pool is the perfect Orlando area vacation home. Located in the award winning and guard gated Terra Verde resort. The community features a clubhouse, community pool, fitness center, business center, games room, tiki bar and much more. The property is Fully furnished, well maintained and located only minutes from Disney World. Make sure you view this property before you are too late!!!!!

 

Asking Price $124,950 (From $139,950)

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Located in the tropical oasis of Regal Palms is this inviting town home that provides three master suites with spacious bedrooms and each their own private bathroom. This allows for comfortable accommodations for families looking to enjoy all that Regal Palms has to offer. Within walking distance you can access the resort onsite amenities such as a restaurant and bar, health spa, gym, a spectacular pool area, water slides, lazy river, fitness center, and golf course. You can also access the nearby Berry town center for some shopping.

Asking Price $93,950 (From $104,950)

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