Out-of-state firms gobble up homes in Central Florida

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Local investor home purchases tanked in Q4, but Marietta, Georgia-based FirstKey Homes LLC is proof some investors remain interested in the area.

The nationwide rental home manager bought 19 new construction homes from Stanley Martin Homes LLC in three transactions since November, totaling $8.5 million, according to Osceola County Property Appraiser records.

These purchases, with the most recent closing Feb. 9, are the start of FirstKey’s rental community Osceola Village, one of four FirstKey communities in the Orlando area.

Click here to read the full story on the Orlando Business Journal’s website.

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VIDEO: 2023 housing market forecast: when will homes become affordable again? As of the week before Christmas, the Orlando region had fewer than 5,000 homes available for sale, approximately half the normal amount. (Nick Papantonis, WFTV.com/WFTV)

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