It’s Back: Housing Market Leads Orlando’s Economic Recovery

The sounds of hammers pounding, nail guns firing and saws cutting in Central Florida are music to local companies’ ears. Orlando homebuilders — the economy’s bellwether — finally have exited the real estate downturn that started in 2007 and lasted almost four years.

“The market seems to be stabilizing because we hit the bottom in terms of pricing, so home values are on the rise,” said Real Estate Patner Jim Seay.

READ: It’s Back: Housing Market Leads Orlando’s Economic Recovery