Knowledge Base

Knowledge Base

  • House prices and values in Orlando: know before you buy

    by: Prime Asset Investments

    Almost a decade has passed since the first rumblings of the US housing market crash started making their way into the newswires. Yet, in many parts of the country, house prices are only just starting to return to the levels seen in the mid 2000s, before the onset of the downturn. Like other cities in Florida, the Orlando residential property market bore the brunt of the crash. Median home valuations in the city lost around 60% of their value during the five years from the peak of the market in Summer 2006 to its nadir in late 2011.

    14th October, 2015Continue reading
  • Buying a house in Orlando: the capital growth prospects

    by: Prime Asset Investments

    Central Florida has long been a magnet for homebuyers and investors from across the globe. Orlando, the region's second largest metropolitan area with a population of 250,000, is certainly no exception and the city is steadily earning a reputation as one of the best locations in the USA in which to buy an investment property. Currently valued at around 60% of its pre-recession peak, Orlando's residential real estate sector has lagged some way behind the wider US housing market recovery.

    14th October, 2015Continue reading
  • Mapping the residential areas of Orlando: know before you buy

    by: Prime Asset Investments

    If you are thinking seriously about buying a home in Orlando, then you need to understand the general layout of the various neighbourhoods that make up the city and how they influence the areas around them. As a starting point for your research, here are some of the most influential residential areas in the city and a little information about how they affect the communities within and around them.

    14th October, 2015Continue reading
  • Crime rates in Orlando by neighbourhood

    by: Prime Asset Investments

    As a vibrant, bustling metropolis and one of the larger, more populated cities in Florida, Orlando suffers from the same problems that plague all big American cities. Crime, in particular, is an obvious consideration for property investors throughout the United States, and Orlando is no exception. While the overall crime rate in Orlando is fairly low, the city does suffer from an above-average rate of property-related crimes. You need to be aware of how neighbourhood crime rates differ across the city because it can affect major parts of your experience of investing in property. Everything from your buying and selling price and, to the ease of actually managing the property can be affected by the area’s crime rate.

    14th October, 2015Continue reading
  • Property prices and appreciation rates in Orlando by neighbourhood

    by: Prime Asset Investments

    It's only natural that, in a city as large and diverse as Orlando, you're likely see a wide variety of price ranges for different properties, and these price ranges change from area to area. As a potential investor in an Orlando property it pays to have a solid grasp of the different neighbourhoods that make up the city and the differing price levels and appreciation prospects of these areas...

    14th October, 2015Continue reading
  • Orlando's best neighbourhoods: know before you buy

    by: Prime Asset Investments

    There are numerous different factors to consider when attempting to rank the diverse collection of neighbourhoods that make up a city as large and diverse as Orlando. To get you started, here are some of the best-ranked areas of Orlando using a selection of the different metrics available...

    14th October, 2015Continue reading
  • The rental market in Orlando, by neighbourhood

    by: Prime Asset Investments

    While the housing market and economy of Orlando have been in steady recovery since the 2008 housing market crash and subsequent recession, there are still some important statistics investors should be aware of if they are planning on buying property in the city and its environs...

    14th October, 2015Continue reading
  • HOA fees and charges in Orlando: know before you buy

    by: Prime Asset Investments

    Homeowners Association (or HOA) fees are an unavoidable fact of life for a significant number of property investors in Orlando. These fees usually affect owners in residential buildings that comprise multiple housing units where a homeowners association is in place to look after the common interests of the building's residents...

    14th October, 2015Continue reading
  • What is an HOA in Orlando?

    by: Prime Asset Investments

    If you're not sure what a homeowners association (or HOA) is by now, it's about time you found out. As a potential property investor in Orlando, there is a high likelihood that the home you end up buying will be linked to an HOA. It's therefore essential that you fully understand the implications of buying into an HOA community, both from a regulatory perspective as well as a financial standpoint...

    14th October, 2015Continue reading
  • HOA duties and responsibilities in Orlando

    by: Prime Asset Investments

    A homeowners association (or HOA) in Orlando will usually have a number of basic duties and responsibilities to the residents within the community. The primary function of an HOA is to look after an maintain the communal areas of the building, typically including elevators, security gates and parking garages, as well as the exterior, roofing, and grounds of the property...

    14th October, 2015Continue reading

Recent Posts

Featured Posts

  • product HOUSING MARKET CONTINUES GRADUAL CLIMB BACK TO NORMAL IN USA

    According to the NAHB/First American Leading Markets Index, markets in 146 of the approximately 340 metro U.S. areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the second quarter of 2016. This represents a year-over-year net gain of 66 markets.

    9th August, 2016
  • product ZIKA VIRUS MAY AFFECT PROPERTY VALUES IN PARTS OF MIAMI

    Miami's trendy Wynwood neighborhood, which experienced a huge boom in property values over recent years, now faces a tremendous amount of fear and uncertainty as a result of the arrival of the mosquito-borne Zika virus says Barry Sharpe, who heads Miami-based Property Tax Appeal Group.

    9th August, 2016
  • product NEW HOME SALES IN U.S. REACH HIGHEST LEVELS SINCE 2008 MARKET CRASH

    According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. rose 3.5 percent in June 2016 from an upwardly revised May 2016 reading to a seasonally adjusted annual rate of 592,000 units. New home sales are up 9.3 percent in the second quarter of 2016 from the first quarter.

    28th July, 2016