(What is this?)
Home > USA > Property > News : Investors urged to take advantage of favourable dollar
Not registered?  Join IPIN now FREE   |  Forgot password?

Investors urged to take advantage of favourable dollar

Article Date : Tuesday, June 26, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

A good exchange rate and greater availability of property in popular areas means that now is a good time to invest in the property market in the USA, one expert has claimed.

Adrian McDermott, managing director of Escapes2, said that Orlando, Florida, is currently experiencing oversupply within the market and relatively low demand.

With investors able to take advantage of a strong pound compared with the dollar, Mr McDermott said that people can "get an awful lot" for their money.

"Demand and supply will reach an equilibrium at some point, prices will no doubt increase," he remarked.

"This is the time to pick up a bargain."

Commenting on the situation earlier in the year, Mark Bodega, marketing director of HiFX, said that people considering buying property in the USA should remember that the pound has not traded consistently above $2 since 1975.
Listing Separator

Related Articles

  1. Lush lawn - higher home value
  2. Mortgage rates ease: Third week in a row
  3. How a housing crash hurts retirees
  4. Florida airport set for new investment
  5. US economy 'facing stagflation'



Listing Separator

Let us search for you Let Us find Property in USA for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in USA.
Let us searchHelp me find property in USA


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: USA
Channel: All

More RSS FeedsGo

Prices from only 456,720 USD

ONE OF THE BEST RENTAL LOCATIONS ON THE PLANET! Florida 5* resort, just 5 minutes drive from the entrance to Disney World, attracting massive year round demand. Cash positive investment.

View Investor Report >>

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo