Rental homes in Central Florida are increasing in numbers. Once only found in the Disney area for those foreigners and “snowbirds” looking to get away for a temporary period of time, rental homes are now the norm for many full time Orlando and Central Florida residents. With many people being displaced by the economic downturn over the past few years through foreclosures and short sales, many people are now preferring to live in rental homes.
Even those who were not affected by the economic downturn have concerns about the stability of the housing market at this time. These people are insecure about spending their savings on a home which may or may not be worth what they paid for it a few years from now. For these people too, living in a rental home in Central Florida is the way to go.
Prior to a few years ago, rental homes were a little difficult to find in the Orlando area. Especially, in the communities outside of the Disney and tourist corridor. However, today, rental homes can be found in all parts of Central Florida. And these homes can range from the small, cozy two bedrooms in Winter Park, to the mega mansions in Windermere. It doesn’t matter!
With the high availability of rental homes all over Orlando and Central Florida, rental homes are increasingly popular. However, with the real estate market stabilized and back on the upswing, rental homes do not provide the investment value that purchasing offers. So, if you are looking for a temporary home, the rental homes of Central Florida may be your best bet. But if you are looking for the best investment and stability, we believe that buying a home is what you need to consider.
Either way, please contact us so that we may explain your options in more detail.
