Thursday

The Orlando market was hit hard when the bubble collapsed. Builders overbuilt, investors over speculated, foreclosures were rampant - nothing really new there. The start of 2012 has been good to Orlando, though - with prices up nearly 13% over last year - and that trend should continue. The real beauty of the Orlando real estate market, is that thanks to Walt Disney World - and all the various other theme parks - the area is the #1 tourist destination in the United States. For investors, that means - assuming you buy a property in a decent location - there are two potential tenant streams (vacationers and long term renters). Here are some more market facts for Orlando: Inventory is down 31% according to the Orlando Association of Realtors Prices are up nearly 13% according to the Orlando Association of Realtors over 51 million tourists visited Orlando in 2010, up 10.5% from 2009 The Orlando real estate market has a lot to offer investors, and the market should have a great year as the economy continues to rebound. The real estate market is turning the corner - especially in Florida - and it's time for investors to get back on the bus. I know it is scary to think about investing in markets like Florida which fell so far only a few years back. Just remember, the only reason these incredible opportunities exist today is because the market severely over-corrected. Investing at the pre-collapse pricing down in these Florida real estate markets didn't make sense - today it does.