Demand for Florida property is high right now. So high, in fact, that a Miami agent has expanded to cope with surging activity from overseas investors.
At the end of 2011, Las Vegas' housing market looked set to be on the rebound, with investors taking a gamble on the foreclosure-hit state. Sales were up by 18 per cent in February 2012, according to the Las Vegas Association of Realtors, while sales continued to climb in March as prices stayed low. But now mixed signals are coming from different reports.
The average price of prime property around the globe fell for the first time since 2009, according to Knight Frank.
Realtor.com published its list of America's Top 10 "Turnaround Towns" last week - and Florida accounted for seven of them. The state, hardest hit by the financial crisis, is showing signs of rallying as foreign investors continue to take advantage of the low-priced property before the market recovery fully takes hold.
France remains a firm favourite for British buyers, according to the Overseas Guides Company, which provides free guides to 15 countries.
Last month, the trend for listing whole towns for sale was cemented by Henry River Mill Village in North Carolina. Now, that trend is set to continue with the arrival of South Georgia on the market.
Texas is now home to America's fastest-growing cities, as demand for real estate in expanding metropolises such as Austin begins to boom.
Yale economics professor Robert Shiller stated last week that the US housing recovery could take an entire generation, with low confidence, high living costs and increasing unemployment all deterring buyers. But Shiller may be about to be proven wrong, as a torrent of new reports suggests that US real estate is ready to bounce back from the brink of collapse. Is America's recovery the real deal?
Miami house prices have risen for the fourth month in a row, according to the Miami Association of Realtors, as foreign buyers make up almost two-thirds of transactions.
Investors dialled "M" for Miami in March, reveals TheMoveChannel.com's latest Investment Watch. The report, which ranks the monthly level of interest in the portal's listings, saw the Magic City's tenanted condos receive the most enquiries last month, ranking above golf resorts in Murcia and Malaga.
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