Overseas Property Blog :: guide to international real estate investment

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Posts Tagged ‘florida property market’

Florida Real Estate: It’s About to Get Messy

by Overseas Property Mall on Tuesday, June 28th, 2011 in Florida, Foreclosures, United States Property

Florida’s real estate market is about to get messy! That sounds like something the voiceover for a move trailer would say but it is actually happening in real life. We all know that Florida has one of the biggest foreclosure levels in America — which means in the world as well –, but few would have expected the problem to still be getting worse almost 5 years into the crisis.

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Brazilian Buyers Breathing Life into South Florida Real Estate Market

by Overseas Property Mall on Wednesday, June 22nd, 2011 in Brazil Property, Florida

condos-in-miami-florida

The strength of the Brazilian Real against the Dollar is giving Brazilians more buying power in the US property market than they have had for a generation. Because of this the growing Brazilian middle class is buying up Florida properties, mainly in Miami, according to a Folha de São Paulo study released Monday.

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Drawing Parallels between Florida’s Property Bust in the 1920s and Dubai’s Boom & Burst

by Overseas Property Mall on Wednesday, December 1st, 2010 in Dubai Property, Florida

We all know about the US real estate bubble bursting in 2006, which was probably one of the largest contributory factors in the US financial crisis, along with the deregulation of lending practices. One of the hardest hit areas is Florida when its huge real estate bubble burst. This was not the first time that a Florida real estate bubble had burst, and in fact there are many parallels between the first Florida real estate boom and bust and the current bust.

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Foreign Investment in U.S. Real Estate (2010) – The Stats (Realtors® Report)

by Overseas Property Mall on Monday, September 27th, 2010 in Research, Stats, United States Property

The latest profile of international activity in the US housing market published by the National Association of Realtors has revealed many interesting figures, some surprising and some not so surprising.

The biggest finding for us was in the state by state breakdown of foreign purchases. According to the report, Florida (22%), California (12%), Arizona (11%) and Texas (7%) dominated in terms of the percentages of sales to foreigners this year.

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Is it a Great Time to Buy Property in Florida Now?

by OP-Mall on Thursday, August 14th, 2008 in Florida, North American Property

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Florida has always been a popular playground for city escapees who want to enjoy the sun, surf and of course the popular Mojito cocktail, while they watch the sun set over the ocean. Living in Florida is about the lifestyle and having fun.

Despite the great attraction, Florida seems to suffer too from the global property melt down. Foreign investors aren’t as active as they used to be only a couple of years ago. According to a recent study by the National Association of Realtors, some 25% of foreign buyers were investing in Florida. On first inspection, this figure doesn’t seem too bad. But when we take into account that the overall number of sold properties has gone down, it becomes clear that the market in Florida has slowed down.

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