Wall Street

Orlando is a hot market for neighborhoods built entirely for renters

Published by
Orlando Sentinel

Rising home prices and interest rates have pushed homeownership out of reach for many working families in metro Orlando, Florida. But a new development trend is giving more renters the option to live in a single-family home. Developers are buying up tracts and building typical suburban subdivisions but making every property a rental. Built-to-rent communities are popping up around Central Florida, and experts say it’s just getting started. “It’s a somewhat innovative way to address the single biggest challenge for the housing market, and that’s a lack of supply,” said David Howard, executive d…

Read More

Share this Story
Load More Related Articles
Load More In Wall Street