Foreign Investors Show Confidence in Florida’s Real Estate Market Recovery
While some U.S. buyers may still be uncertain whether or not it is time to step off the fence and buy their dream home or condo in Florida, international investors are showing increased confidence in an early Florida real estate market recovery and are quickly taking advantage of the deeply discounted prices. Foreign buyers continue to recognize the U.S. real estate market as a desirable, profitable and secure investment and the weak U.S. dollar partnered with the housing surplus has made the U.S., and particularly the Florida, real estate market even more attractive, according to an article by the Gerson Lehrman Group. According to a recent survey by the National Association of Realtors , in cooperation with the Florida Association of Realtors , half of the Florida Realtors surveyed indicated that more than 25% of their business now comes from international clients. These foreign investors come from all over the world and have shown a particular interest in the Tampa Bay, Sarasota-Bra...