Favorable Exchange
Rate Will Fuel Southwest Florida Real Estate Market in 2008
| Scott Berry,
Broker and Owner of Sand Castle Realty Group, believes the
incredible currency exchange rates are going to be fuel the
real estate market in Southwest Florida in 2008 in a big
way. "A lot of people have been waiting for the signal that
it's okay to buy, and in my mind, this is the signal. Once
the people from foreign countries start buying then others
start buying," said Berry. "There Has Never Been
A Better Time to Buy"!
With incredible selection, motivated sellers, and extremely
favorable exchange rates, visitors from Canada or European
Countries are seeing incredible value and bargains in
Southwest Florida.
If your home currency is the
British Pound, it is worth a little under $2.00, and the
Euro is worth just under $1.50. One visitor from
England said "This is like an incredible half-price sale"! |
"This is like an
Incredible
half-price sale"!
<See Video Here> |
NBC-2 Story 01/01/2008
Weak Dollar Could Fuel Florida
Economy in 2008
LEE COUNTY: Experts are hopeful that
international tourists taking advantage of a weak dollar
will fuel Southwest Florida's economy in 2008.
From the beach to the mall - the sound of foreign accents
is everywhere. Most of the visitors come from Canada or
European countries like England and Germany.
The visitors say it’s a matter of dollars and common
sense.
"My Euro goes a lot further in the U.S. than it did four
years ago," said Jerome Boralezi, who is visiting Southwest
Florida from Holland.
Right now he is getting $1.47 for one Euro - making every
buy a bargain.
"We bought Ralph Lauren, Calvin Klein - stuff you can get
in Holland but would be expensive probably double the
price," said Boralezi.
Real estate agents believe that the weak dollar will turn
the international tourists into residents.
"I see the favorable exchange rates fueling the market
with the number of calls we're receiving," said real estate
agent Scott Berry.
Berry says foreign buyers could help you if you're trying
to sell your home.
"A lot of people have been waiting for the signal that
it's okay to buy and in my mind, this is the signal. Once
the people from foreign countries start buying then others
start buying," said Berry.
Boralezi says he plans to buy a vacation home on the
beach.
"We're figuring out what's nice and what place we like,"
he said.
Experts say it is a win-win for foreign buyers and for
residents of Southwest Florida.
© 2007 by NBC2 NEWS.
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Sand Castle Realty Group. Happy Agents. Happy Customers. Why Would You
Ever Settle For Less?
For all your real estate needs in
Orlando,
Winter Park,
Windermere,
Lake Mary, and
Lake Nona, count on the experts at
Sand Castle Realty Group to assist you.
Take advantage of the high inventory, incredible exchange rates, and low prices to buy your piece of
paradise in Florida. Now is the
time for
Florida Real Estate, but you better hurry as I do not expect this situation to
last much longer.
Orlando Voted #1 Hottest Job market By Money Magazine!
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click here
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