Cape Coral Real Estate : Foreign Buyers Look in Florida

Cape Coral Real Estate brokerage, Florida Future Realty, Inc., brings the best real estate services to those looking to buy or sell real estate in SW Florida.

Foreign Buyers Look in Florida

We keep hearing about it everywhere.cape coral, florida

The value of the US Dollar is down...

I just converted $250,000 USD to Euros - Guess what? That's only $170,498.21

Our US Dollar is currently equal to .68 EUR

In Canada that same $250,000 USD converts to just $240,777.34

Our US Dollar is currently equal to .96 CAD

 

Our real estate prices continue to decline...

AND

There are financing programs for foreign nationals....

We live in paradise. We truly do...

If you have been considering investing in a home in SW Florida contact our team today. We can assist you in the search to find the right property in Cape Coral or Fort Myers, negotiated at the right price, financed in the best manner to a smooth closing.

You can search listings like agents do through our newest listing portal -  Search Cape Coral Homes

Sign up today for a FREE account & see what is out there.

Or, feel free to call or email me for details.

Yours in Success,

Susan Milner, licensed real estate broker-sales associate

e-PRO GRI REALTOR®

Sellstate Achievers Realty Network, Inc.

239-218-2229

info@SusanMilner.com

http://www.movemetocapecoral.com/

Transnational Referral Certified (TRC)

 

 

Yours in Success,


Susan Milner

Florida Future Realty, Inc

Search Cape Coral real estate

http://www.YouTube.com/FloridaFuture

(239) 542-8521

Susan@SusanMilner.com

 

We also handle Cape Coral Short Sales......

 

copyright 2008-2012 Susan Milner of Florida Future Realty Inc

9 comments • Cape Coral Real Estate Broker | Susan Milner | FloridaFutureAgents.com • November 14 2007 08:19PM

Comments

More and more the weakness of our dollar attracts overseas buyers, especially to our resort markets. It's a lee port in our current rough market sea.

best 

Posted by Gary Bolen (CRS) Lake Tahoe Real Estate Information (McCall Realty) about 4 years ago
Now is a great time to buy here in Southwest Florida. 
Posted by Cape Coral Real Estate Scott Slocum & Associates 239-340-1384 (Florida Future Realty Inc.) about 4 years ago
It truly is a sad state of affairs, for the country, to see the value of the US dollar diminishing this way.
Posted by DDR Realty about 4 years ago
Are you seeing more Canadian buyers recently?  I have spent the last week working with Canadian buyers in the Naples area.
Posted by Glenn Ginsburg - Naples Florida Real Estate (A Delta Realty of Naples Florida) about 4 years ago
the locals are broke, out of area is the only way to go
Posted by Jeffrey Tumbarello (South West Florida Real Estate Investment Association) about 4 years ago
I am still finding some locals that did not buy during the feeding frenzy, have excellent credit, the down payment and closing costs.  So they are buying now. :)
Posted by Glenn Ginsburg - Naples Florida Real Estate (A Delta Realty of Naples Florida) about 4 years ago
Susan, I agree that the attraction of the foreign investment to Florida does have to do with the weakness of the dollar and Euros buying so much more here. It goes in cycles though. When the dollar is stronger the American tourists in Europe are getting great deals.
Posted by Gary Woltal - Assoc. Broker REALTOR® SFR Dallas Ft. Worth (Keller Williams Realty) about 4 years ago
Gary - you are right things to go in cycles.  However, the Euro has been higher than the dollar for some time now and the pendulum hopefully will swing back. :)
Posted by Glenn Ginsburg - Naples Florida Real Estate (A Delta Realty of Naples Florida) about 4 years ago

I hate to do this but you do not understand currency and did the math all backwards.  250k U.S. = equal 170k Euros not dollars.

250k Euros = 365k US Dollars @.68 This is why foreign investors are in the US.  The point 68 (.68) means their money is worth 1.68 times ours, thus why it is multiplied by .68 as anything times 1 is itself.

250k US = about 254K CAD.  Canadian.  Therefore 1 CAD = approx .98 USD. 

I hope this helps!

Posted by Jeffrey Dolfinger, NRBA Member (24/7 Realty Inc.) about 4 years ago

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