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Learn more about Orlando, Florida
Orlando is a major city in the U.S. state of Florida. It is the county seat of Orange County, located in Central Florida.
Orlando is also the principal city of Greater Orlando. The Orlando-Kissimmee MSA is Florida's third largest
metropolitan area, behind Miami and Tampa, and the city itself is the sixth most populous in Florida. Orlando is home
to the University of Central Florida, which is the second largest university in Florida in student enrollment and has the
fifth largest enrollment in the nation.
The city is well known for the many tourist attractions in the area, in particular the nearby Walt Disney World Resort,
which is located in Lake Buena Vista about 20 miles (32 km) southwest of Orlando city limits via Interstate 4. Other
notable area attractions include SeaWorld and Universal Orlando Resort. The region sees an estimated 52 million
tourists a year. Orlando has the second largest number of hotel rooms in the country (after Las Vegas, Nevada), and
is one of the busiest American cities for conferences and conventions with the Orange County Convention Center, the
country's second largest in square footage. It is also known for its wide array of golf courses, with numerous courses
available for any level of golfer. Located several miles away from the main tourist attractions, Downtown Orlando is
undergoing major redevelopment with a number of residential projects, commercial towers, and major public works
projects including the Orlando Events Center and the Dr. P. Phillips Orlando Performing Arts Center. Orlando ranks
as the fourth most popular city, based on where people want to live, according to a 2009 Pew Research Center study.
Metro Orlando has a rapidly growing $13.4 billion technology industry employing 53,000 people, and is a nationally
recognized cluster of innovation in digital media, agritechnology, aviation, aerospace, and software. More than 150
international companies, representing approximately 20 countries, have facilities in Metro Orlando.
The city symbol is the fountain of Lake Eola and the current mayor is Buddy Dyer.
History of Orlando, Florida
Historians date Orlando's name to around 1837, when a soldier named Orlando Reeves allegedly died in the area
during the Second Seminole War. It seems, however, that Orlando Reeves (sometimes Rees) operated a sugar mill
and plantation about 30 miles (50 km) to the north at Spring Garden in Volusia County, and pioneer settlers simply
found his name carved into a tree and assumed it was a marker for his grave site. They then referred to the area as
"Orlando's grave" and later simply Orlando. A memorial beside Lake Eola designates the spot where the city's
namesake fell.
Orlando is close enough to Patrick Air Force Base, Cape Canaveral Air Force Station, and Kennedy Space Center for
residents to commute to work from the city's suburbs. It also allows easy access to Port Canaveral, an important
cruise ship terminal. Because of its proximity to the Space Coast near the Kennedy Space Center, many high-tech
companies have shifted to the Orlando area.
Perhaps the most critical event for Orlando's economy occurred in 1965 when Walt Disney announced plans to build
Walt Disney World. Although Disney had considered the regions of Miami and Tampa for his park, one of the major
reasons behind his decision not to locate there was due to hurricanes— Orlando's inland location, although not free
from hurricane damage, exposed it to less threat than coastal regions. The famous vacation resort opened in October
1971, ushering in an explosive population and economic growth for the Orlando metropolitan area, which now
encompasses Orange, Seminole, Osceola, and Lake counties. As a result, tourism became the centerpiece of the
area's economy. Orlando is consistently ranked as one of the top vacation destinations in the world, and now boasts
more theme parks and entertainment attractions than anywhere else in the world.
Another major factor in Orlando's growth occurred in 1962, when the new Orlando Jetport, the precursor of the
present day Orlando International Airport, was built from a portion of the McCoy Air Force Base. By 1970, four major
airlines (Delta Air Lines, National Airlines, Eastern Airlines and Southern Airways) were providing scheduled flights.
McCoy Air Force Base officially closed in 1975, and most of it is now part of the airport. The airport still retains the
former Air Force Base airport code (MCO).
Climate in Orlando, Florida
Orlando has a warm and humid subtropical climate, and there are two major seasons each year. One of those
seasons is hot and rainy, lasting from the break of June until late September (roughly coinciding with the Atlantic
hurricane season). The other is the dry season (October through May) that brings more moderate temperatures and
less frequent rainfall. The area's warm and humid climate is caused primarily by its low elevation and its position
relatively close to the Tropic of Cancer, and much of its weather is affected by the movement of the Gulf Stream.
During the height of Orlando's very humid summer season, temperatures rarely fall below 70 °F (21 °C), and daytime
highs average in the 90s (32-37 °C). Although the city rarely records temperatures over 100 °F (38 °C), extreme
humidity can push the heat index to over 110 °F (45 °C). The city's highest recorded temperature is 101 °F (39 °C),
set July 2, 1998. During these months, strong afternoon thunderstorms occur almost daily. These storms are caused
by air masses from the Gulf of Mexico and the Atlantic Ocean colliding over Central Florida. They are highlighted by
spectacular lightning and can also bring heavy rainfall (sometimes several inches per hour) and powerful winds as
well as occasional damaging hail.
During the cooler seasons, humidity is lower and temperatures are more moderate, and can fluctuate more readily.
Average nighttime lows in January are around 50 °F (10 °C), and average daytime highs are about 72 °F (22 °C).
Temperatures rarely reach below 32 °F (0 °C). Because the winter season is dry and rare freezing temperatures
occur after cold fronts (and their accompanying precipitation) have passed, Orlando experiences no significant
snowfall (only once has measurable snow accumulated since recording began at the airport in 1948). Very rarely the
ingredients come together for flurries to occur, commonly ocean effect snow. The area around Orlando recorded up
to 6" (15 cm) in 1977 during a snowstorm (which partly contributed to the idea of Disney's blizzard Beach Water Park
20 years later). Reports of flurries in the Central Florida area include December 23, 1989, January 24, 2003,
November 24, 2007, and January 3, 2008.
Orlando has a considerable hurricane risk, although it is not as high as it is in South Florida's urban corridor or other
coastal regions. Since the city is located 42 miles (68 km) inland from the Atlantic and 77 miles (124 km) inland from
the Gulf of Mexico, hurricanes usually weaken before arriving.
Economy in Orlando, Florida
A vital part of the Orlando area economy is involved in the tourist industry, with the city being known for its wide range
of its attractions including Walt Disney World, Universal Studios Orlando, and Sea World Orlando. Over 48 million
visitors came to the Orlando region in 2004. The convention industry is also critical to the region's economy. The
Orange County Convention Center, expanded in 2004 to over two million square feet (200,000 m²) of exhibition
space, is now the second-largest convention complex in terms of space in the United States, trailing only McCormick
Place in Chicago. The city vies with Chicago and Las Vegas for hosting the most convention attendees in the United
States.
Metro Orlando has the 7th largest research park in the country (Central Florida Research Park) with over 1,025
acres. It is home to over 120 companies, employs more than 8,500 people, and is the hub of the nation’s military
simulation and training programs. Metro Orlando is home to the simulation procurement commands for the U.S. Army,
Navy, Air Force, Marines and Coast Guard.
Another developing sector is the film, television, and electronic gaming industries, aided by the presence of Universal
Studios, Disney's Hollywood Studios, Full Sail School, the Florida Interactive Entertainment Academy, and other
entertainment companies and schools. Numerous office complexes for large corporations have popped up along the
Interstate 4 corridor north of Orlando, especially in Maitland, Lake Mary and Heathrow. The U.S. modeling, simulation,
and training (MS&T) industry is centered around the Orlando region as well, with a particularly strong presence in the
Central Florida Research Park adjacent to UCF. Nearby Maitland is the home of Tiburon, a division of the video game
company Electronic Arts. Originally Tiburon Entertainment, it was acquired by EA in 1998 after years of partnership,
particularly in the famous Madden NFL series and NCAA Football series of video games.
Tourism in Orlando, Florida
The Orlando area is home to a wide variety of tourist attractions, including the Walt Disney World Resort, Universal
Orlando Resort, and SeaWorld Orlando. The Walt Disney World resort is the area's largest attraction with its many
facets such as the Magic Kingdom, Epcot, Disney's Hollywood Studios, Disney's Animal Kingdom, Typhoon Lagoon,
Blizzard Beach, and Downtown Disney. SeaWorld Orlando is a large park that features numerous zoological displays
and marine animals alongside an amusement park with roller coasters and water park. Universal Orlando, like Walt
Disney World, is a multi-faceted resort comprising Universal Studios Florida, CityWalk, and the Islands of Adventure
theme park. Orlando attractions also significantly appeal to many locals who want to enjoy themselves close to home.
Sports in Orlando, Florida
Orlando is the home city of the Orlando Magic NBA team, the Orlando Predators AFL team, and the UCF Knights
college athletics teams. It has also been home to several successful minor league sports teams which have won two
titles in ice hockey, three titles in minor league baseball, one title in soccer, one title in American football, and one title
in roller hockey.
Orlando has produced several major athletes, such as baseball players A.J. Pierzynski and Johnny Damon, football
players Warren Sapp, Daunte Culpepper and Kevin Smith, basketball players Amar'e Stoudemire and Darius
Washington, and soccer player Michelle Akers. Orlando is also home to many current and notable former athletes as
well, including baseball players Carlos Peña, Frank Viola, Ken Griffey, Jr., and Jonathan Aldridge, basketball player
Shaquille O'Neal, and many golfers, including Tiger Woods, Mark O'Meara and Arnold Palmer.
Information From Wikipedia, the free encyclopedia
Refinances
There are many reasons that homeowners choose to Refinance. Here are the most common reasons homeowners
choose to Refinance:
- Refinance to Lower their Interest Rate
- Refinance to Shorten their loan term
- Refinance to Take cash out for home improvements
- Refinance to Pay off high interest credit cards
- Refinance to Take cash out for child's education
Now is the time to Refinance due to low Interest rates. Speak to a Mortgage Specialist today to see if a Refinance
would benefit you and help you accomplish your goals.
Debt Consolidation Loan
This type of Refinance typically consolidates your current mortgage with your high interest credit cards and/or
personal loans. A Debt consolidation Refinance loan can save clients anywhere from $200-2,000 a month which
really adds up over the course of a year.
Home Improvement Loan
This type of Refinance pays off your current loan and gives you cash back at closing to be used to improve your
home. Home improvements such as a new roof, putting in a pool, adding square footage, and remodeling your
kitchen are the top reasons for obtaining a home improvement Refinance loan. Many homeowners choose to take
the cash out of their property because they are using a low interest instrument (a Mortgage) to put cash back into
their property.
Thinking about Refinancing??? Here are a couple items to consider:
- Compare costs to actual benefit
- Analyze tax benefits of Refinancing
- Understand all costs of Refinancing
- Make sure your credit is cleaned up so that you qualify for the best loan products
The Refinance process is very similar to the steps taken when you purchased your home. With Refinances, most
homeowners choose to wrap the costs into the loan so that the only out of pocket fee is an appraisal. Contact one of
our Mortgage Specialist today to get started on the Refinance Process.