Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 

Florida's property market has great potential

Date : (News Section: USA)

Share
Florida's property market has great potential

Property investors should head over the Atlantic to take advantage of the "tremendous value" on offer in the Florida real estate market, it has been claimed.

Christopher Chadd, head of research at Property Frontiers, made the comments in light of a 2.3 per cent annual average increase in house prices in the country during January.

Data released by Clear Capital showed that - for the first time in 37 months - there was a national increase in the cost of real estate.

Mr Chadd said: "When the recession hit, Florida's real estate market was undoubtedly the worst affected. This means prices for real estate in the area have absolutely hit rock bottom.

"Investing in the market over the past year has not been the wisest option, [but] this is now changing."

However, Mr Chadd warned that potential buyers still needed to remain cautious and ensure they researched properties before parting with any money.

Earlier this year, A Place in the Sun predicted that Florida was going to be one of the primary destinations for foreign investment in 2010.


Share

Article by +Steve Binge on behalf of Propertyshowrooms.com

Related Articles

  1. Growth continues for US house prices
  2. Inventory levels in US real estate market 'falling'
  3. 'Demand is strong' in US housing markets
  4. US house sales fall as prices climb
  5. US housing market 'strengthening'






Secure Exit Strategy


Let us search for you Let Us find Property in United States for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in United States.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

Receive your free Halcyon Palms brochure
Investment Property

Subscribe to This Feed

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

More RSS FeedsGo

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