Even our proud neighbors up north have taken advantage of the fact that the home and condo properties in several regions of the United States sell pretty affordable condominiums and home properties ranging from single home family, to deluxe home villas. In Miami, on the other hand, countless purchases were made by Brazilians as they make Miami the authentic Latin American state down south.
For foreign buyers and investors alike, when you look at the weakening U.S dollar, plus the fact that real estate properties as little as 20 percent to as much as 50 percent affordable than its original price, you are surely going to take part of the real estate property sale spree in the United States market.
Despite countless real estate property sales being made by foreign investors, the real estate market activity nationwide is still on a downward slate, but it is slowly recovering. If more home and condo properties are being purchased on a quarterly basis, not to mention the fact that most foreign buyers pay in cash, you can expect a much faster recovery rate for the United States real estate market.
Miami has had its share of successes especially this year as more and more properties are being sold off to potential buyers. Today, Miami is among the top sellers of real estate property along with Las Vegas and New York.
Daily News Miami