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ORLANDO, Fla. --- TripAdvisor recently named the Kissimmee-Disney the Number 1 USA hot spot for vacation rentals.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said the ranking comes as no surprise.

“Our vacation home specialists are busier than ever this year, signaling a recovery in our area’s real estate market,” Soderstrom said.

Soderstrom added that vacation home rentals and sales are trending upward this year. There has been a stream of new prospects and serious homebuyers from Canada, Illinois, Michigan, New York, New Jersey and other regions of the country,

“We’ve had four years of recession and pent up demand is pretty high right now,” Soderstrom said. “The economy is improving, more people are starting to look for vacation opportunities and market prices are still at historic lows,” he added.

With the frigid temperatures up north, northerners what a respite. With interest rates low and, best of all, Florida property prices are down 40-60 percent from the market peak, said The LR Team with Stirling Sotheby’s International Realty.

“In addition to a great selection of retail priced resale homes, an inventory of bank owned foreclosures and short sales have contributed to the buyer surge,” Carolyn Burgiel and Dan Natoli said, “and new home builders have slashed their costs in order to price new homes competitively.”

“A buyer can find a second home or vacation home in the Orlando region or near the beaches today for about the same price they would have paid in the last 1990s,” Natoli said.

“Demand is slowly catching up to supply, and with this new surge in buyer inquiries from winter visitors, Florida real estate economy could see a dramatic uptick this year,” they added.

For more information, contact Dan Natoli and Carolyn Burgiel of the LR Team at Stirling Sotheby's International Realty.