Saturday, June 16, 2012

Canadians are buying Florida property? That's not only my experience

There have been many Ontario tag plates on cars in and around the Disney area during the past few weeks (and other Canadian ones too).  It's too late in the year to believe they are all snowbirds, and I've come into contact with a number of potential buyers from North of the border myself - Newfoundland, Nova Scotia and other Provinces look as if they have quite a few of their residents interested in buying property in Florida.

A lot are attracted by their strong currency exchange rate and the reduce prices of Florida property, while other simply want their place in the Sun.  Apparently it's not just me that's seeing this:
To the snowbirds of Canada, the sunseekers of Europe and flight capitalists of Latin America, Florida sends you all a great big Thanks! for buying homes here in such abundance.

When it comes to international buyers snapping up housing in the United States, Florida property remains the runaway favorite. The state tallied 26 percent of international sales in the country, says a new National Association of Realtors report for the year ending March 2012.
Click here to read the rest.  And thanks again, Canada.