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Study on Millennials The city is home to two of the top five zip codes in Florida that have seen the greatest increase in the number of millennials in the past five years, according to a new study. Real estate website RentCafe.com prepared the report, using U.S. Census Bureau population estimates from 2011 and 2016.

Millennials, as defined in the study, are people born between the years 1977 and 1996 — meaning they can be as old as 41 or as young as 22.
 
There is no reason to be bored in Orlando! Do you agree?

“The theme parks get much of the attention, but our City Beautiful parks, vibrant Main Street districts and diverse dining scene also helped Orlando land the No. 2 spot on this list,” Orlando Mayor Buddy Dyer said Wednesday on Twitter.
 
Amendment 10 Today, Property Appraiser Rick Singh stood with his fellow Constitutional Officers to educate the public on the Protection Amendment: Amendment 10. To learn more about Amendment 10 before this November’s General Election, please visit Amendment10.org.  
Customer Testimonial Another great testimonial from a website (www.ocpafl.org) visitor. Thanks for the feedback! Visited our site recently? Let us know what you like and how we can better serve you.  
Sarasota Magazine Interesting article online today from Sarasota Magazine,

Two things have been artificially sustaining the market, says Chris McCarty, director of the University of Florida Bureau of Economic and Business Research, the Federal Reserve’s infusion of cash to lift the country out of the last recession and the 2018 tax cut. Both actions put a lot of money back into the economy. The Fed is starting to raise interest rates, he says, and the tax cut boost is temporary.
 
VisitFLORIDA Just released numbers from VISIT FLORIDA indicate another banner year for tourism. Some 65.5 million visitors graced the Sunshine State in the first six months. That’s more than in any six month period in the state’s history, and a nearly 6% increase over last year. Certainly a strong start to the year, but what impact will the red tide on the west coast have? Or will a hurricane damage the momentum? Good news for sure, but we must continue to diversify Florida’s jobs and make sure that the state is not only a fun place to visit.  
Thank you Jennifer Yon, owner of IBA Success Magazine for the generous invite to your cover release gathering! It was a wonderful evening. Make sure you all pick up a magazine  
OCPA with Orlando Real Estate and Home Expo at Drive Shack The Orange County Property Appraiser is participating with Orlando Real Estate and Home Expo tonight at the Drive Shack. Come by and visit us for lots of information!  
Jason Taylor gives overview of EOC services Thanks to Jason Taylor for providing an overview of the services provided by the Orange County Emergency Operations Center in the event of disaster in our area to representatives from our Commercial Real Estate team. As many as 80 representatives from government and community organizations can staff this room to work together to meet the needs of the county and its residents. In the aftermath of an incident, appraisers from our office go into the field and assess damage to residential and commercial buildings which is reported to the federal government.  
Rick attends Orlando City's MLS 2019 announcement Property Appraiser Rick Singh was in attendance today for a big announcement: Orlando City will be the host for the 2019 MLS All Star game! Vamos Orlando!  
OCPA appeals Disney Resort's tax ruling On behalf of the citizens of Orange County, we have appealed a judge's decision on the market value of Disney's Yacht and Beach Club Resort to ensure that Walt Disney World pays its fair share to Orange County’s tax roll.  
OCPA Presents at District 2 Government Academy. Recently, select members of the OCPA staff presented to constituents at the District 2 Government Academy providing information about Homestead and other Exemptions we offer at the Orange County Property Appraisers Office. To better meet the needs of the community, the presentation was conducted in Spanish. Thank you to all who attended!  
Remembering 9/11    
OCPA 							at the 6th Brazilian Day Orlando Festival It was an honor for Property Appraiser Rick Singh to be invited to speak to the vibrant Brazilian community at the 6th Brazilian Day Orlando Festival kickoff at Lake Eola Park. Thank you!  
Change is underway in the real estate industry. Billions are pouring into new and existing technology companies, all competing for their slice of the proverbial pie.  
Orange County Property Appraiser is participating at 15th Annual Caribbean Health Summit. Come by and see us for lots of information!  
Orange County Property Appraiser is participating at The 35th Anniversary of National Night Out in Tinker Field. Come by for lots of information on exemptions and fun!  
Rising rents are part of the reason millennials are buying more homes than they did in the recent past, said broker associate Dusty Sutton of Keller Williams at the Parks in Orlando. But their interest in homeownership started before rent began to skyrocket, she said.  
Pulte Homes, homebuilder for Dr. Phillips’ new 229-homesite Phillips Grove community, launched recently its virtual-reality tours to give potential buyers an immersive experience when touring and choosing their new homes.  
Looking forward to 2019... The newly redesigned project will cost more than the $200 million first projected several years ago. The new complex will sit on a 8.5-acre lot across from the Amway Center...
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When Apple’s market value crossed a trillion dollars last month, the reason was simple: It makes devices that a lot of people are willing to spend a lot of money on. Now Amazon has become the second American company to cross that once-unimaginable line.  
“Orange County’s market value is comprised of three segments: residential, non-residential and tangible personal property,” Singh said. “And the residential market value is standing tremendously strong at a historic $85.8 billion, which is a (9.7%) increase from last year."  
"Blockchain will transform the real estate industry. There's no doubt about it, and the earlier entities get on board, the more they stand to gain in terms of security and efficiency," said Tony Franco, CEO of SafeChain. "Starting with something as relatively straightforward as property transfers, blockchain creates a decentralized, near-perfect audit trail that can never be lost or stolen. Eliminating that risk opens the door to completely changing how properties are bought and sold in the U.S., and those changes will ultimately be to the consumer's benefit, as well as the real estate industry's as well."  
My thoughts expressed in Orlando Sentinel's Central Florida 100.  
  • 458,935 Parcels
  • 287,047 Single Family Residential
  • 50,202 Residential Condos
  • 20,382 Townhomes
  • 72 Timeshares
  • 4,279 Multi-Family
  • 857 Apartment Complexes
    • 127,913 Apartment Units
  • 278 Hotels
    • 86,743 Hotel Rooms
  • 117 Mobile Home Parks
    • 5,456 Mobile Homes
  • 4,793 Manufactured Homes
  • 26,544 Vacant Residential
  • 13,920 Commercial
  • 50,444 Other