2008-09-30 00:00:00 Florida is one of the most popular U.S. destination for home-buying Canadians
Most Canadian buyers head for the Sun Belt, with Florida accounting for a third of all of their purchase
(PressMethod) - The largest proportion of foreign buyers of U.S. homes from May 2007 to May 2008, 24 percent were Canadian.
By June Fletcher | The Wall Street Journal, September 14, 2008,
Drawn by the buying power of the newly strong Canadian dollar and the depressed prices of American real estate.
The largest proportion of foreign buyers of U.S. homes from May 2007 to May 2008, 24 percent—were Canadian, double the percentage a year earlier, according to a recent report by the National Association of Realtors.
Most Canadian buyers head for the Sun Belt, with Florida accounting for a third of all of their purchases, the report said.
The Realtor group estimates there were 7,200 Canadian buyers of Florida homes in the period covered by the report, more than double the 3,500 a year earlier.
In some Florida resort communities, so many Quebec natives have bought second homes that French is commonly spoken.
September 29th-2008, Per Islamorada Realtor Jan Keller- This is great news for our industry and the Keys in general.
When asked if she had seen a difference in buyers, Jan remarked, we are definitely seeing these buyers in the Upper Fl Keys, Islamorada area.
For one thing we are just about an hours drive from the Miami airport, letting people come in on weekends, plus now that US1 has been improved the drive is even easier.
About Jan Keller. Jan is a Top producing Real Estate agent and the owner of the Florida website www.islamoradajan.com designed specifically to help people relocating to Islamorada and the upper Florida Keys.
CONTACT INFORMATION Jan Keller Coldwell Banker Schmitt Email Us 305-664-7069 http://www.islamoradajan.com ### Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PressMethod. We will be unable to assist you with your inquiry. PressMethod disclaims any content contained in these release. |