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The magazine named Orlando the third-best U.S. market in which to buy a home this year.

Great News, Orlando!

Orlando is one of the best cities in the country for investing in residential real estate in 2017, according to Forbes. The magazine named Orlando the third-best U.S. market in which to buy a home this year, citing the city's growth in population and jobs as factors in the ranking.

For the rankings, Forbes partnered with Local Market Monitor, a company that tracks more than 300 housing markets. For each market, the company analyzed housing indicators as well as broader growth trends to determine each city's projected three-year growth in housing prices.

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