Wednesday, January 16, 2013

The New Florida Snowbirds


Best view in Ft Lauderdale!



Is the snowbird population in South Florida changing?  According to a recent article in the Toronto Star, Canadians, traditionally the dominant foreign buyers in Florida, are facing competition from Asian buyers making quick decisions and investor groups making bulk purchases. 

Equally as important is the competion from Ameicans who can now qualify for mortgages and  Brazilians willing to spend more money for a purchase.

Ft Lauderdale Beach is home to some of the best property in Florida but prices are rising here too.  If buyers are looking for a bargain, time is running out.

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