Florida Home Sales

By
Real Estate Agent with Jim Free Realty

<!--StartFragment-->Miami is expected to sell more home (houses & Condominiums) this year than they did in 2005. If they continue 40% of those sales will go to foreign buyers. South American investors are buying condominiums in south Florida for rental investments. Canadians seem to prefer the Panhandle region of Florida. The Canadian dollar has soared 18 % against the US dollar while the euro has gained 22%. This along with lower market prices and favorable interest will pull Florida out of the recession at a faster pace than some of the other states. The largest groups of buyers (about 23%) come from Canada and about 9% from China<!--EndFragment-->

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