Florida is hot for investment?

Florida has annual average temparatures of 72.4F but my recent trip to the sunshine state was not about the sunny climate it was to see with my own eyes what Florida has to offer. It seems that the Florida housing market has never looked so appealing to international investors. I have just returned from a week with realtors in the Miami and Central Florida area to see for myself what's on offer to overseas property buyers. My visit has shown me with my own eyes that buyers can achieve true value for money in Florida at this time. Only 12 months ago I saw stunning homes in the Orlando area being fought over buy enthusiastic buyers pushing prices up. Today similar properties are now available in their plenty and have dropped dramatically in price. Property developers are offering a variety of incentives to buyers ranging from payments of Home Association fees, discounted mortgage finance and higher calibre fittings for new homes. We even saw resale property in Central Florida that included the owner’s boat and Jet Ski. The Florida market appears to be very competitively priced offering big homes for little money. Speaking to realtors in Florida it is clear that the rental markets are still strong. So is this a good time to buy in Florida?

Comments

[Maty]

Florida has always been hot for investment!

[Carrie T]

I know this post is a little old but it is still right on even a year later. I think we are seeing prices that are lower than they will ever be again. It is a great time for investors to get their hands on some well priced homes. I have been looking at property in Florida through a site called Property Maps. It has been super easy and useful to me and I would recommend it to others. You can check it out at www.propertymaps.com.