Friday, June 7, 2013

International Real Estate Buyers | Vital Role in Real Estate

International consumers have always played a vital role in American economy. Today, more than ever, internationals from neighboring and distant countries are contributing to our real estate recovery both on a local and national level. Individuals from a variety of countries have homeownership increasing to around 36% from 2000 to 2010 and by 2020, it is expected that 50% of all home buying will be fueled by international home buyers. If those numbers don’t seem significant, consider 100 billion worth in mortgage loans!

Florida is a “gate way” state in which many internationals choose to invest. Our close proximity to Mexico and other Caribbean countries makes it attractive for those desiring the “American Dream”. Many foreigners find our Florida market so attractive because of favorable exchange rates and similar climates. Our Canadian neighbors to the north are streaming into states like Illinois, New York and New Jersey at rates we haven’t seen in quite a long time.

California seems to be getting a great deal of foreign attention, but other areas should not go unnoticed either. States like Florida, Texas and Arizona are also being soaked up by foreign investors and homeowners due to their affordability and location.

If you have questions about the housing market in these desirable “gate-way” states, especially Tampa, Florida, call us today to find out more. You will be shocked when you learn about some of the options the local Tampa, Florida market can present to someone who is looking for a place to call home or in search of a turnkey rental property. In today’s buyer market, you will see how lucrative and/ or wise your investment will be.

SI Real Estate offers highly personalized, multilingual, full-spectrum real estate purchase and sales services. We are a boutique for sophisticated investors, select owners or renters who may be upgrading locally, or those making traditional relocations. We also provide turnkey landlord and tenant management. Blending comprehensive insight into the Tampa Bay area with international perspectives for a worldwide clientele, we like to think that “SI Real Estate is Global Real Estate in Every Way!”

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