International real estate sales in Florida will be stronger in 2012
International buyers are centered on South-Florida real estate market. Experts are expecting international sales to be even more important in 2012.
In 2011 Florida is accounting for nearly 1/3 of transactions by international buyers. Foreigners bought for $82 billion of residential properties in the US this year.
A study from the National Association of Realtors shows that in Florida 30% of the international deals took place in the Miami-Miami Beach-Fort Lauderdale market. Orlando Region accounted for 14% of international sales of Florida.
The foreign buyer are buying mainly condos; The South American buyers see South Florida real estate as haveing a great value. Experts are saying that international transactions will be even stronger in 2012. It is an very good time to be an investor or buyer in South Florida.
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