Hartlepool, United Kingdom (PressExposure) August 17, 2009 -- "America is the hype-country when it comes to overseas property at the moment. We have put it down to a combination of the price drops, strengthening Sterling, and reports that the American property market may be nearing bottom, with reports that an economic recovery may also be on the cards for the second half of the year," said Les Calvert, director of the portal.
America has long been one of the most popular tourism destinations in the world, especially -- the big one -- Orlando, Florida the resort capital of the world, but before the international slump it had been a pricey place to buy property. That is no longer the case, especially taking into consideration the thousands of repossessed and distressed properties currently being sold in the country -- it is a bargain bonanza to bountiful for some people to miss out on.
Luckily for international buyers and investors, Florida has been one of the worst hit for repossessions, and there are practically dozens of opportunities popping up weekly. Unfortunately for the same international buyers and investors financing a property purchase in America is very difficult at the moment, so it is only those with stacks of cash that can afford to take advantage of the current situation.