With a slowdown in US Housing, investors are seizing the chance of a weak dollar (particularly for British and Irish buyers) and snapping up Florida property!
There has been wide publicity on this issue with the injection of cash being welcome news to the doom and gloom publicity about US housing in the press. The dollar is on sale and home prices in the US have fallen back to affordable levels for foreign buyers.
For instance one property that the British Homes Group has listed is a 5 bedroom 3 bathroom pool home 15 minutes from Disney and it is up for $225,000 (As of today) -at the current exchange rate of $2.05 to £1.00 a British buyer would be able to snap this bargain up for £109,750! European buyers with a strong Euro will equally be able to snap up this property at a great price.
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