Orlando’s Home Starts Increase
Residential construction activity remains low nationally, but the Orlando market is among the highest in housing starts, according to a May 2009 report by Metrostudy.
The Orlando market indicates about 12,000 buidling starts for the 12 months ending March 2009, making it #4 nationwide. Houston led that list with 22,000 home starts during that same period, while the Dallas area posted 17,638 starts. Phoenix was #3 with 12,302 starts.
The Orlando area also was fifth in move-ins, or absorptions, with 18,423 posted for the same 12-month period. Houston also topped that list with 28,326, followed by Dallas/Fort Worth with 23,957, Phoenix with 21,838 and Atlanta with 20,007.
For more info on the Orlando market, contact the Orlando Real Estate Pros.
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