At True Sarasota Real Estate, our Accredited & Exclusive Buyers Agents have been reporting a trend which mirrors real estate patterns in other areas of Florida.
Foreign real estate buyers - mainly from Canada, Britain, Germany, Australia - have been showing increased interest in Sarasota real estate, and a great many of these international real estate investors have been purchasing in cash.
Foreign real estate buyers - mainly from Canada, Britain, Germany, Australia - have been showing increased interest in Sarasota real estate, and a great many of these international real estate investors have been purchasing in cash.
Many international buyers see our current residential landscape as the perfect opportunity to own American properties. Some are investing for the expected rebound and future growth, while others are looking at second homes and even permanent residency opportunities. Since many lenders are still tight with financing right now, especially for foreign purchasers, cash purchases often make sense for international buyers.
According to Regina Brassil, one of our Accredited Buyer Representatives with True Sarasota Real Estate: “Some of the potential buyers contacting our office have spent hours on the Internet looking at available properties, and many have identified some that they hope to see personally while visiting Sarasota. Others are buying sight-unseen, but with our help in advising them of the property’s condition and location, simply to take advantage of the bargains available now.”
For more information about luxury real estate in Sarasota, please contact us. Whether you live near or far, True Sarasota Real Estate is ready to help you find the best property at the best price in Sarasota, Florida.
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