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After reading a recent 2007 NAR (National Association of Realtors) Report on International buyers swarming Florida, you Simply MUST make this advertisting part of the campaign for your home. Due to the current strength in foreign currencies, Florida Real Estate is where most the US Real Estate appeal lies.. Read on for the Details..

During a Spring of 2007 study,  65% of Florida Realtors had conducted a transaction with an international buyer. During that same study focusing on the Realtors that had conducted a transaction with a foreign purchaser, 50% of those Realtors had represented between 1 and 4 international clients in their career. International buyers are soaking up the Florida Marketing campaigns run by leading International real estate companies. The top five countries representing this flood of buying are, Mexico, Canada, United Kingdom, India, & China. Reports show that as US purchasing of Florida real estate has slowed, the percentage of foreign purchasers has risen. This is due to current strengths of foreign currencies, in relation to a weak dollar.

Polls found that the most important reason for the Florida purchase among internationals is a vacation spot for family and friends. (Attention Sellers of Beachfront Property: Advertise Your Vacation Spot Overseas..)

The median sales price for the international buyer was $299,500 in 2007 (note this is higher budget than the average US resident spending on Florida Resident), and the majority of these deals were financed through a conventional mortage.

The typical International Buyer spends, on average, 4.2 months per year in their United States property. International buyers of Florida Real Estate show a balanced preference between single-family homes and condominiums.

According to another 2007 NAR Poll, China seems to be spending on average $340,000 on their vacation home, representing the most costly average among foreign countries purchasing Florida Real Estate. The UK runs a close second place, spending on average $322,000.

International buying of Real Estate has increased due to currency conversion advantages. When choosing a broker to help you sell your home, talk to the Realtor about their International Campaigs. Feel Free to talk to Shirley International Realty Inc. about how they can assist you in promoting your home overseas.

Justin