Broker says housing supply is slim as 2,000 Disney employees plan to move to Lake Nona
Developer confident housing will be available
Broker says housing supply is slim as 2,000 Disney employees plan to move to Lake Nona
ORANGE COUNTY, Fla. – One day after Walt Disney World announced it’s relocating 2,000 high-wage jobs from Southern California to Lake Nona, it sparked the question: Where will they live?
This comes as the Orlando housing market is showing some of the lowest supply of houses available in history, with demand at an all-time high.
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The latest market report from the Orlando Realtors Association for June shows the supply of housing was down 53% from June 2020, the demand driving up the median price of a house to $315,000, averaging $300,000 last month.