ORLANDO, Fla. — New data shows Orlando continues to be one of the hottest real estate markets in the country.
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According to Bankrate, Orlando ranks 5th in the “housing heat index” for the top 50 metros.
That’s based on the value of homes remaining high, job growth and low unemployment.
Watch: Apopka still trying to block affordable housing development from ‘crown jewel’
But now, homes are sitting on the market a bit longer, meaning the days of bidding wars could be over if you’re looking to buy.
“That’s a place where if you’re a buyer, you can sort of take advantage of this, this job growth and this economic boom,” said Jeff Ostrowski with Bankrate.
Read: Lake County sees ‘almost ridiculous’ rise in median home price
The Deltona, Daytona, and Ormond Beach areas are showing signs of strength.
Palm Bay, Melbourne and Titusville, are booming along our Space Coast.
Read: Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years
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