Strong Orlando job sector ‘another major advantage for property buyers’

Female researcher filling a test tube

When it comes to job creation, Orlando is number one in Florida and Florida is the top US state, the latest market data shows.

Based on daily tracking interviews, Gallup ranks the Orlando metro area top for 2015 job creation, with more than half of employers (53%) say they are hiring, while just 8% are either not hiring or reducing numbers.

As you would expect from the top tourist center in the United States, most job growth came in the leisure and hospitality sector.

The employer job creation intentions were underlined by the latest Florida state job figures, showing Orlando created 53,900 new private-sector jobs in the year to January 2016, more than any other metro.

In announcing the figures, Florida Governor Rick Scott says, “Orlando is leading the state in job creation with more than 53,000 new jobs created for families over the year.  More than one million jobs have been created in Florida in only five years, and we have cut more than $1billion in taxes over the past two years.”

Garrett Kenny, Chief Executive Officer of leading Central Florida developer and agent, Feltrim Group, says strong jobs growth is yet another major reason for international real estate buyers to invest in real estate in and around Orlando.

“Combine a strong employment sector with the world’s best theme parks, top tourist attractions and entertainment centers and real estate capital values rising around 10% a year and you have a market that is sure to attract buy-to-let investors.

“Feltrim Group has seen a growing level of inquiries and sales from investors in China, the UK, Brazil, the United Arab Emirates and elsewhere in Europe, Asia and South America.”

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