QUARTER 2 2022
CENTRAL FLORIDA RENTAL REPORT
July 27, 2022
LOCAL & NATIONAL RENTAL STATS Median Rental Rate (Orange County, FL)
Median Home Sale Price (Orange County, FL)
Median Home Sale Price (USA)
Q1 2022: $2,500 Q2 2022: $2,670
Jan 2022: $355,000 Jun 2022: $410,099
Jan 2022: $433,100 Jun 2022: $440,300
+7% Avg Rental Rate Increase
+19.8% Avg Rental Rate Increase
+7.7% Avg Rental Rate Increase
IS REAL ESTATE THE BEST INFLATION HEDGE? By Evan Caulfield, Stockworth Management
Real estate in Central Florida has outperformed many asset classes to date. In Orange County, Florida, prices have soared nearly 16%, thanks in large part to a massive influx of 1,000+ new central Florida residents weekly. Nationwide, median home prices have risen a modest 2% since January, 2022. With the Consumer Price Index jumping by 9.1% over the last year, the largest 12-month increase since 1981, rising inflation numbers have left investors scrambling to hold more cash reserves or find the best possible inflation hedge. As a result, the stock market has taken a major hit, with the S&P 500 falling 19% since January 2022, the worst performance in nearly 50 years. Will this trend in real estate appreciation continue? That remains to be seen, however, housing prices have historically increased over time. According to the Federal Reserve Bank of St. Louis, even when inflation peaked
to a high of 15% in 1980, US median real estate prices doubled over that next decade. Furthermore, rising inflation led to higher median rental rates, increasing 84% from 1980 through 1990. Keep in mind, mortgage interest rates were between 10% to 16% during that time period, so higher interest rates didn’t stop buyers from purchasing properties. If history repeats itself, real estate investors could benefit from this macro economic environment. It all depends on if we have actually hit peak inflation levels. Disclaimer: All investment strategies and investments involve risk of loss. Nothing contained in this article should be construed as investment advice. Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau, U.S. Department of Housing and Urban Development, Orlando Regional Realtor Association, Stellar MLS, Freddie Mac.
FEATURED LISTINGS Rob Rahter Listing Agent
Evan Caulfield Listing Agent
FOR RENTAL RENT
FOR RENT
9730 Lounsberry Circle Orlando, FL 32836
12977 Gabor Avenue Orlando, FL 32827
6 Bedrooms | 4.5 Baths | $21,000/month
3 Bedrooms | 3.5 Baths | $4,200/month
Irhelma Pieterse Listing Agent
Julie Bettosini Listing Agent
FOR SALE
FOR SALE
13508 Bellaria Circle Windermere, FL 34786
1621 Hempel Avenue Windermere, FL 34786
4 Bedrooms | 4 Baths | $1.59M
6 Bedrooms | 3 Baths | $1.795M
IF YOU NEED ANY HELP WITH YOUR INVESTMENT 407.432.9767 PROPERTY GIVE US A CALL! Evan Caulfield
Stockworth Management, Director of Operations
Mark Allen Hayes, CCIM Stockworth Management, Broker
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