Invest In The U.S. - Orlando Ranks #2 In Rental Growth

Online real estate investment management firm HomeUnion has identified the 10 metros with the strongest investment home rental growth in the U.S., and Orlando is on the list.

To rank the metros, HomeUnion looked at 44 single-family rental housing markets nationwide. San Jose, Calif., topped the list and Orlando came in at No. 2.

“It’s no surprise that San Jose leads the U.S. with anticipated rental growth of 7.3 percent, due to healthy job growth and increasingly out-of-reach prices for traditional housing,” said Steve Hovland, manager of research services for HomeUnion. “Orlando’s ranking of No. 2 on our list seems more noteworthy, but not surprising given the furious pace of economic growth in the area over the past two years. Tourism has fueled the region’s booming economy: Orlando has welcomed more than 62 million visitors, as well as job seekers, annually.”

Orlando is growing a staggering rate, not only in tourism but also in other industries such as aerospace, media research, medical appliances, digital media, defense and in many other areas. It really is offering great security and potential for growth.

Here are the top 10 metros, their forecast year-end 2016 rents and 2016 rent growth forecast:

  1. San Jose, Calif., $3,459 7.3 percent
  2. Orlando, $1,348, 6.1 percent
  3. Seattle, $4,191, 5.9 percent
  4. San Diego, $2,307, 5.7 percent
  5. San Francisco, $4,451, 5.4 percent
  6. Denver, $1,834, 5.4 percent
  7. Charlotte, N.C., $1,133, 5.3 percent
  8. Austin, Texas, $1,787, 5 percent
  9. San Antonio, Texas, $1,165, 4.8 percent
  10. Portland, Ore., $1,879, 4.8 percent

Looking to invest in Orlando area real estate - take a live look at what's available

Source: Orlando Sentinel

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Garry Walmsley

The perfect blend of British personality and American drive, Garry brings his genuine, detailed and competitive approach to the World's #1 Vacation Destination. Born in Hampshire, Garry thrived in School and Sports, spending many of his younger years traveling around the golf courses of the United Kingdom prior to turning professional in 1989. After what he describes as a "less than desired outcome" for this results orientated individual, he turned to the Golf Industry where he learned many of the traits that he acknowledges in his success today. It was during this time that he made his move to Orlando, which he has called "home" since 2000. Garry believes that his clients are the most important part of his business. He knows that dealing with property means that he's really dealing with people. He combines a determination to fulfill their goals with the ability to hear what they say. The aim is always to develop long-term relationships and offer an honest and transparent real estate service to best serve the interests of those he represents. Garry has proven that his exceptional service and attention to each and every one of his clients is the recipe to his success. Working with Global Real Estate Services, a dynamic organization with a forward thinking outlook, Garry is able to provide his clients with a full-service Real Estate experience, safe in the knowledge that this company with a 21 year history, is the leader in Vacation Home Rentals, Management and Sales. Credentials; - Licensed REALTOR® - Member of National Association of REALTORS® - Member of Florida Association REALTORS® - Member of Orlando Regional REALTOR® Association