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Follow on Google News | Euro Hike sets Increasing Demand for Florida Real Estate from AbroadWithin a few weeks the Euro climbed from $1.25 to over $1.41 giving European real estate buyers an increased purchase power of 15% over domestic buyers. Florida Real Estate Broker Alice Stuebling-Salm offers advice for domestic property buyers.
By: Alice Stuebling-Salm, Licensed Real Estate Broker The difference in the exchange rate means that European buyers at this time can buy extremely cheap all goods originating from the US. Travel on US carriers, cars, electronics but also real estate is among the favorites of the wish list. In an already near-bottom market with previous cuts of 30% and more, getting 15% of additional discount by just the exchange rate has made US property a lucrative investment. “We have an increasing number of serious inquiries from Europe”, explains Alice Stuebling-Salm, Real Estate Broker and Owner of Homes and Ranches, LLC of Ocala, Florida. “But also buyers from within the US seem to get the feel that prices are close to bottom and that now might be the right time to make a decision”. Overstuffed markets like the Condo market in Miami and Ft. Lauderdale probably will take a while to recover and that might last until 2011 or beyond; here it makes no difference if in a market offering more than 40,000 condos some hundred foreign prospectives are present. But special markets like Horse Farms and Country Homes in North and Central Florida might be on the upraise soon under this influence. "Already at this time it's not always easy to show a wide variety of high quality properties in particular budget ranges. Many have removed their horse properties from the MLS and remain in a wait and see porsition", says Alice Stuebling-Salm. "Fortunately we know most of these sellers and can contact them since in general they are still willing to sell". In particular the Ocala area is one of the most sought-after regions in North-Central Florida since it’s only about an hour drive time to various attractions like Disney World and Universal Studios of Orlando. The region also claims to offer one of the Nation’s most comprehensive systems of health care providers, including Shands and UF HealthCare in nearby Gainesville, Fl. Thus Ocala and Marion County offer a lot not only to the traditional Horse Farm Owners but also to a broader group of prospective real estate buyers in particular to those who are looking for Country Homes in Central Florida. View some of the best Country Homes and Horse Properties available in the Ocala area at http://www.farmscout.com or give Alice a call (352-342-6469) # # # Homes and Ranches LLC of Ocala, Florida is a Real Estate Brokerage specialized in Horse Properties and Horse Farms as well as upscale Country Homes. Owner / Broker Alice Stuebling-Salm is solely committed to the Buyers' needs for idependent guidance buying a Horse Farm or a Country Home in the area. As a result you will see each and any available property on the market what fits to your needs and is within the budget range. We don't just sell "own listings". See a fine selection of Horse Farms and Country Homes at http://www.farmscout.com or call Alice Stuebling-Salm for details at (352) 342 6469. End
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