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Thursday, September 23, 2010

Koolik Group Realty Continues Seeing an Increase in International Buyers

The Florida Association of Realtors recently conducted a survey about realtors and their personal experiences with international buyers. The survey was conducted between the months of July and August and a total number of 936 responses were received. It turns out that approximately two in every three Florida realtors have conducted at least one international transaction within the past year. According to FloridaRealtors.org “One in five [realtors] worked with two international clients, and 18 percent [are] working with three or more.”

Western Europe and the United Kingdom account for a 29% share of these foreign buyers while Latin America, including Mexico, the Caribbean, Central America and South America accounted for 16%. Although the Orlando-Kissimmee area accounts for 19% of homes bought by international buyers, the Ft-Lauderdale – Miami area is close behind with 17% of the buyers choosing to live in our area.

At Koolik Group Realty, this does not come as a shock. "International homeowners and investors are seeing the US real estate market as a great place to invest in, especially with the weak US dollar. Our office has been showing real estate properties to a wide array of individuals whether from Latin America, England or Germany," said Elliot Koolik, CEO of Koolik Group Realty. "Our realtors are helping people find primary homes, secondary homes; as well as, vacation homes.”

To read more highlights of this report, please click here.

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