Just when we thought we would never hear a foreign voice, again, Norwegians, Brits, and Canadians, and Germans can be heard in the streets of South Florida cities.
Our prices are very attractive. It has been years since it has been so affordable to live here. The Europeans always liked our warm, sunny climate and this week the British pound was worth $1.58 and the Euro was worth $1.45. The economies domestically and abroad have improved,which has made the U.S. lenders offer mortgages to foreign nationals, again. Bank of America is offering mortgages to foreign investors much more readily than a few months ago, although the documentation is more strict.
Another reason for more sales is the EB-5 Visa Program. This visa was created by the Immigration Act of 1990 and it allows foreigners to obtain a green card by making a business investment in the United States.
This is a good time to put your home or condo on the market because there is a much greater chance of selling now than it has been for the past two years. This is really good news! If you are thinking of selling, please call me for an in depth review of your property and advice on pricing.
