Buying Real Estate in Orlando Florida, USA? — Whether you’re looking to buy or sell a property in the U.S.A., you have come to the right place. Here you can view properties for sale in the Orlando, Florida area, or contact us with any questions you may have about real estate in the United States.
We Can Help — Many international real estate shoppers have used our service to purchase their vacation homes and other properties in the U.S. Since our service is FREE to you and paid by the seller, it makes sense to let us help you ensure the buying process goes smoothly. With the RE/MAX, YourOrlando.com Team working on your behalf, you will be enjoying your new home in Orlando Florida before you know it.
We are Orlando real estate experts, and we are here to help you make your U.S. real estate purchase a success. We will help you find the best homes for sale, in the best communities in the Orlando Florida area. When you have a question, you can contact us here.
U.S. Real Estate Highlights:
- From April 2013 to March 2014, U.S. real estate sales of existing homes was $ 1.2 trillion. 92.2 billion dollars of which resulted from foreign buyers.
- Recent immigrants — those who have moved to the U.S. within the past 2 years — and individuals with visas for more than 6 months, purchased an additional $41 billion.
- International buyers are heavily concentrated in four states: Florida, California, Texas, and Arizona, accounting for 55 percent of international clients. Florida has been the fastest growing destination of choice.
- What foreign buyers are buying:
- Single Family Homes: 66%
- Condominium (Condo): 23%
- Townhome / Row House: 7%
- How much are foreign buyers spending:
- Average price: $396,180
- Median price: $268,284
Why Buy Real Estate in Orlando? — Orlando is a favorite destination for international real estate buyers from around the world because of its world famous tourist attractions. Theme parks and attractions like Disney World, Sea World, Universal Studios and many others, make Orlando one of the top locations in the world to own a real estate. From your home in Orlando, you will be able to visit Disney World, Sea World, or maybe something a little different like the Kennedy Space Center (Home of NASA's Space Shuttle), all within an hour drive. And don't forget nearby beaches, lakes, springs, diving, golf, shopping, and just about anything else you may want to do or see are all here in Orlando Florida, USA.
Why Should You Buy Property in the United States Now? — With markets around the world experiencing dramatic economic swings and uncertainty, many successful people look to the U.S. markets as a safe haven for their investments. The U.S. real estate market is one of those safe havens. To make things even better for foreign real estate investors, the U.S. real estate market is selling at a discount. Not only have real estate prices decline in some areas, the U.S. dollar is weaker compared to some foreign currencies, making the U.S. real estate market an even better buy.
A weakened U.S. dollar and a housing downturn in some areas may have contributed to a sense of consumer pessimism in the U.S. But for foreign investors looking for a great buy for their money, the outlook is very different. U.S. real estate is an especially attractive option for many international buyers, particularly those who live in countries where home prices are rising steadily. According to the Bureau of Labor Statistics, U.S. homes are selling at a 30 percent to 40 percent discount versus the euro right now — a statistic that virtually ensures that buyers from Europe will walk away from the closing table feeling like they got a great deal.
According to the NATIONAL ASSOCIATION OF REALTORS® (NAR) 2012 Profile of International Home Buying Activity, Canada, Mexico, China, the U.K., and India are the top five countries from which foreign buyers hailed; the top five states in which they purchased properties are Florida, California, Texas, Arizona and New York. Although international buyers come from all over the world and buy properties for various reasons, the typical foreign buyer is looking for a single-family home or townhouse, with the primary purpose being a vacation home.
The average price paid by International buyers was $315K, in comparison to the overall U.S. average of $218K. Comparable median prices were $200K and $170K. Approximately 61 percent of international purchasers bought single family detached homes; the comparable figure for overall U.S. sales was 88 percent.