Canadians Buying Property In Florida

Living full time here on the beach in Tampa Bay gives us an interesting perspective on living the "Florida Lifestyle". Being realtors, we have ridden the roller coaster of the market highs and lows to see first hand what values are to be had! So why is it that 4 of our deals during the last 30 days were with Canadian Buyers?

With cash to spend, a favorable currency exchange and a hunger for a warm weather winter retreat... Canadians are quickly realizing this is the time to buy in Florida. With Americans caught in consumer uncertainty, a crisis with the gulf oil spill, and difficult financing options... it has been interesting to watch Canadians pick up on this weakness and take advantage of tremendous purchase opportunities!

We have seen our Manitoba buyer strategically plan when to convert his Canadian dollars into US funds for closing in order to further enhance his purchase! The PURTEE Team encourages our northern friends to act now. Inventory is definitely shrinking and the great values are very evident to us a professionals in the field. The deal we closed earlier this week was for a 3 bedroom waterfront condo that was originally purchased by the owner for $924,000. Our buyer from Newfoundland got it for $350,000!!!

Our buyers love that they can search distressed properties in Tampa Bay right from our website: http://www.floridagulfproperty.com/distressedsearch.html This is a great start in determining some of the outstanding deals available. We are diligent in working hard to ensure all of our clients get first class service! Give us an opportunity to show you... you won't be disappointed.