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Posts Tagged ‘florida real estate’

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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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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Banks In South Florida Face New Crisis

by OP-Mall on Wednesday, September 30th, 2009 in Commercial Property, Florida

office-space-for-lease Commercial real estate is suffering in Florida thanks to the credit crunch. This is putting an increasing strain on Florida banks as a growing number of commercial property owners are forced to default on their loan payments. Driven by declining rental income, empty storefronts and a general lack of available funds to keep their investments afloat in dire times many investors of commercial property are now costing banks millions putting them at risk of failing in return.

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International Property News Beat – Tough times in Romania, Florida Stabilizing & Stopping Flipping in Dubai

by Overseas Property Mall on Sunday, August 31st, 2008 in Property News Summaries

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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

home_in_tampa_florida.jpg

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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Trump Came Up Trumps With His Latest Real Estate Deal

by OP-Mall on Saturday, July 19th, 2008 in Buying Property, Celebrities & Property

Donald Trump made U.S. real estate history this month when he sold the 80,000 SQ. FT. Maison de L’Amitie, based in Palm Beach, Florida to a Russian fertiliser billionaire by the name of Dmitry Rybolovlev. Rybolovlev who is listed as number 59 on the Forbes list of the world’s richest people is estimated to be worth $12.8 billion.

He is believed to have bought the super luxurious property for the 475 feet beach frontage it commands. Rumours that he will tear it down have surfaced which would make the piece of land on which the property stands one of the most expensive in the world.

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