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Foreign Buyers Bullish on Florida Real Estate

From the Tampa Bay Times, June 15 2012. To the snowbirds of Canada, the sunseekers of Europe and flight capitalists of Latin America, Florida sends you all a great big Thanks! for buying homes here in such abundance.

When it comes to international buyers snapping up housing in the United States, Florida property remains the runaway favorite. The state tallied 26 percent of international sales in the country, says a new National Association of Realtors report for the year ending March 2012.

“Florida has been the fastest-growing destination of choice,” states the Profile of International Home Buying Activity 2012. Canadian snowbirds have deep ties with Florida and remain eager to leverage Canada’s strong currency in buying deeply discounted property.

Continue reading  this article at the Tampa Bay Times.

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