All signs are pointing up for the real estate market of the Sunshine State as it appears that Florida is shining brighter each day. According to the Miami International Real Estate Congress, Florida is expected to gain more popularity among international investors and buyers. They also believe that 2012 is going to be a great year for the Florida real estate market.
Who would not want to live in Florida? If you are looking for an affordable residential property within a decent neighborhood, the Sunshine State is your best bet. In fact, more and more foreign buyers and investors are taking a huge interest in places particularly within South Florida, but there are other great neighborhoods outside of Miami like Fort Lauderdale in Broward County and Palm Beach in Palm Beach County.
According to the National Association of Realtors, Florida is on top of the property market in the United States today, so if you are looking to invest on a residential property, make sure to choose a property that takes good care of their market value such as Miami. The Magic City is probably the biggest contributor in Floridas overall success due to the number of potential buyers and investors it receives on a daily basis.
In 2011, almost 67 percent of the residential properties that have been purchased in Miami are sold to international buyers. All signs point to Florida as the top real estate sector this year, so never hesitate about getting a suitable residential property here. The Florida real estate market prides itself in its collection of luxurious single family homes, townhouses, condo units and villas that does not cost you your entire life savings. Whether your budget is under $300,000, you can find a place that would suit you well and it helps to know that you will never find another state like Florida.
If you are to compare the real estate market today and last year, you would not expect this much progress in just a span of 13 months! It just proves to show that being one of the most beautiful states in the country really does have its perks even on the real estate side.
This year is the perfect time and opportunity to invest on a luxurious residential property in Florida because of the fact that most of the properties for sale are under-priced so you get more out of what you will pay for. Whether you are a cash buyer or through lenders, the Florida real estate market will always have the right property for you.