Orlando, Florida - Real Estate
Orlando is the sixth largest independent city in the U.S. state of Florida, and seat of Orange County in that state. The city itself is home to only 205,648, according to a 2004 census estimate, but its greater metropolitan area is much larger, with a population of about 1.8 million.
Real estate prices in Orlando have increased massively in the past few years. 42.0% growth in 2005 alone brought the median cost of a single family dwelling to $261,800, or well above the national average.
This huge growth trend has made Orlando appear virtually unattainable to most lower income buyers, but it is still possible to find a few reasonable bargains if you know where to look. Steeply discounted homes and condos can occasionally be found by those willing to scout out foreclosed properties and motivated sellers in the area.
To find foreclosures and rock-bottom real estate bargains in Orlando, Florida and other cities across America, please click here.