- housing starts

Builders Respond to Growing Demand for Orlando Vacation Homes

Posted by Team Donovan on August 15th, 2017

Home builders have been busy in Central Florida during the second quarter, constructing about 4,000 new houses – many of them vacation homes. The data comes courtesy of housing analysis firm, MetroStudy. Their survey found that the Orlando area had 14 percent year-over-year growth in homes being built, and 28 percent growth in closings. 

The home construction recovery is due in part to Orlando’s tourism industry. Many holiday visitors decide to buy new homes after they’ve spent a lot of time here. These properties are often used as a second home and as an investment property allowing owners to generate rental income from other holiday visitors. 

Osceola County, which is home to Disney World, saw a significant increase in housing starts, thanks…