Great news on the front page of our local St. Augustine, Florida newspaper.....
Offshore investors snapping up Florida real estate!!
The article reports that Florida's distressed real estate prices are attracting major companies with ties to Hong Kong, Spain, Argentina and Malaysia are snapping up properties sensing the local market has bottomed.
I've notice an increase in my investor purchases. It's GREAT NEWS to read that investors are buying up properties in other areas of our state.