December is typically a slow month for Real Estate sales across the country as both Buyers and Sellers are busy focused on the upcoming Holiday's rather that Real Estate. Here in Central Florida that trend is also true but there is one bright spot in our market that does give Orlando Real Estate a little boost.

During the Holidays we see a big influx of U.K. travelers who are mostly visiting Central Florida to see Walt Disney World and the other theme parks. But some of these travelers are here to buy Vacation Homes. This is actually a great time of year to purchase a vacation home as some Sellers have become very anxious to sell there homes as showings have dropped to almost zero.

With a strong currency and a very soft housing market, the U.K. buyers are finding tremendous deals that were not available to them just a few years ago. With big down-payments or cash offers, you can bet that Sellers here will be jumping through hoops to make these deals happen. Most of these U.K. buyers are looking for second homes or Vacation Homes close to the attractions. This type of property not only meets the needs of the Buyer when they are vacationing but they make a great investment opportunity as a short term rental when the homes are not being used by the owner.

So for all the Sellers in the Orlando area, don't give up hope entirely for the month of December. You might just find that your Christmas gift from Santa is a cash buyer all the way from the U.K.

Steve Glose

The Florida Living Team.com

 

11 Comments on December Is A Great Month In Florida For U.K. Buyers

DEC
04
2007
1 Featured Post Localism Sponsor
Hey, Steve, you've got a good point.  What is the lowest price you could get into the market for in your area?  I'm just interested for fun!  My husband's from London and you know you can buy a shoebox over there for a few hundred thousand!
12:03pm • #1
165,455 Points 1 Featured Post Outside Blog
Well- I can find you a 4/2 or 4/3 with-in 10 minutes of Disney built in 2001, 1659 sqft, with a screened in heated pool between $180,000-$190,000. These prices have really dropped in this area and for a U.K. client its a bargain.
1:20pm • #2
124,664 Points 1 Featured Post
Steve, you are exactly right mate. They are coming to the colonies to buy it back. Keep up the over the pond marketing as well.
1:29pm • #3
1 Featured Post Localism Sponsor
Steve, those are some great prices.  Mark is too funny.  Mick has informed our children that the plan is to marry Americans and then there are computer chips in every Brits head and when the Queen gives her orders, they'll be ready!  You should see their eyes and then he asks who's with the Queen and who's with Pres. Bush!  It's funny, but I guess you'd have to be here....
2:08pm • #4
165,455 Points 1 Featured Post Outside Blog

Natalie-Chip or no chip, there's not many people who are with Bush.

2:45pm • #5
139,667 Points 13 Featured Posts Outside Blog
Steve - Here's wishing you many buyers from the UK. Merry Christmas!
5:39pm • #6
1 Featured Post Localism Sponsor
Oops!  I didn't mean for it to get political - just a little revolutionary!  I was raised a military brat, so I'm a big supporter!
5:39pm • #7
DEC
05
2007
Good Luck! I hope you can sell that UK buyer a home and have a Merry Christmas!
1:20pm • #8
DEC
12
2007

I am going to be picking your brain on finding these UK investors and vacation home buyers!  My next blog idea will be focused on offering services to the UK buyers.   Thanks for the input. 

9:40pm • #9
DEC
13
2007
248,073 Points 3 Featured Posts Outside Blog

Steve,

That's a nice niche market for you. Now that the market is so soft in many parts, including here in Vegas, foreigners are buying investment property. Helps us out a little. And the exchange rate is in their favor, too.

4:42pm • #10
DEC
16
2007
535,696 Points 45 Featured Posts Outside Blog
Steve - you have the advantage in Orlando as there are communities of single family homes that are designed for short term rentals - over here on the Gulf coast we don't have new communities with short rental minimums. Still - we have the beach, for those who prefer that.
6:56pm • #11

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Steve Glose ,TRC, CIPS, Vacation Homes, Orlando Real Estate,Orlando Medical City

Kissimmee, FL

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Keller Williams Homestead Realty

Address: 4124 Town Center Blvd, Keller Williams Homestead, Orlando, FL, 32837

Office Phone: (407) 855-2222

Cell Phone: (407) 616-7286

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Keller Williams At The Lakes Agent in South Orlando And Osceola County (Kissimmee).


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