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The loss of jobs portends far-reaching economic impacts on the Orlando area, including the real estate market. Until the coronavirus pandemic, it was one of the fastest-growing metros in the U.S., a southeastern bellwether for housing. Then, as in most parts of the country, home sales fell off a cliff. Now experts are wondering: How quickly will the housing market come back—and what will the new normal look like?
According to Visit Orlando, more than 463,000 area jobs are directly or indirectly related to tourism. How Hard Has Its Real Estate Market Been Hit?
Read More at Realtor.com: https://www.realtor.com/news/trends/orlando-real-estate-pandemic/