Orlando, Florida

===Housing and employment===

Historically, the unemployment rate in Greater Orlando was low, which resulted in growth that led to [[urban sprawl]] in the surrounding area and, in combination with the [[United States housing bubble]], to a large increase in home prices. Metro Orlando's unemployment rate in June 2010 was 11.1 percent, was 11.4 percent in April 2010, and was about 10 percent in about the same time of year in 2009.<ref>Stratton, Jim. [https://archive.today/20120913021607/http://www.orlandosentinel.com/news/local/breakingnews/os-florida-jobless-rate-may-20100618,0,2950269.story "Florida jobless rate drops to 11.7 percent"], ''Orlando Sentinel'', June 18, 2010.</ref> As of August 2013, the area's jobless rate was 6.6 percent.<ref>{{cite news|last=Stratton |first=Jim |url=http://articles.orlandosentinel.com/2013-09-20/business/os-unemployment-florida-august-20130920_1_unemployment-rate-job-numbers-percentage-point |title=Florida unemployment rate falls to 7 percent |newspaper=[[Orlando Sentinel]] |date=September 20, 2013 |access-date=October 27, 2015}}</ref> Housing prices in Greater Orlando went up 37.08% in one year, from a median of $182,300 in November 2004 to $249,900 in November 2005, and eventually peaked at $264,436 in July 2007. From there, with the economic meltdown, prices plummeted, with the median falling below $200,000 in September 2008, at one point falling at an annual rate of 39.27%. The median dipped below $100,000 in 2010 before stabilizing around $110,000 in 2011. As of April 2012, the median home price is $116,000.<ref>"[https://web.archive.org/web/20120117074221/http://www.orlrealtor.com/resource/resmgr/statistics_reports/orlando8yearhistory.pdf Metropolitan Orlando Housing Trends Summary]." ''Orlando Regional Realtor Association.'' May 9, 2012. Retrieved on My 17, 2012.</ref>