Hi folks. This article is my opinion based on what I see happening in my market area. Home ownership is declining in America. Past property owners have and are going through foreclosures and short sales and are no longer in a position to buy. Real Estate values are still declining in most of the major markets. Finally, real estate is affordable again. But who's buying? In my market, Central Florida, the answer is.....Foreign Investors.
Investors from the UK, Canada and other countries are taking advantage of the weak dollar and low property values and are scooping up properties that Americans can no longer buy due to credit issues. Then of course these Investors turn right around and rent these properties back to us.
Now being that I am a Real Estate Broker and make my living by selling Real Estate this has been a real boom for my business. BUT.......what affect will this have on our economy over the long run? Are we becoming a nation of renters? Is the money we are paying towards rent now leaving the country instead of being put back into domestic circulation? What say you?
Are you facing foreclosure in Florida?
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Copyright © 2010 http://www.brokerbryant.com/ | All Rights Reserved
Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales, Orlando Florida Short Sales, Celebration Florida Short Sales, Windermere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
Copyright © 2017 http://www.brokerbryant.com/ | All Rights Reserved