USA Property News

A British ex-pat couple are launching the UK’s first online overseas holiday home competition to sell their $1.25m luxury Florida property.

The 29th of August 2008 is an incredibly significant date on the calendar of all those living along the Gulf Coast of America, it marks the 3rd anniversary of the day Hurricane Katrina came ashore and devastated the lives of tens of thousands of Americans.

The U.S. sub-prime housing market crash is rolling into its third year seemingly unabated, and several prominent economists have gone on record to say that the U.S. economy is already in recession.

Jonathan Marriott grew up in London where he lived with his wife and two children and ran a graphic design business.

The Weis Group, a Wall Street Fund, and specialists in buying distressed real estate, raised further recently growing hopes that 2008 could be the year that American property prices bottom out and begin recovering.

According to leading real estate investors in America, now that the United States is entering the lowest point in its property market cycle and people are getting more and more serious about selling off their real estate stock no matter how low they have to go, there are more opportunities than ever for those who can buy in and who want to profit over the long-term.

Following the devastating hurricanes in America in 2005, the entire Gulf Coast of the United States was forced to count not only the cost in financial terms of the high winds and high tidal swells caused by hurricanes Katrina and Rita, but more significantly, America as a whole was left counting the very real cost in human and humanitarian terms.

Erna Low Property has recently launched two brand new developments in the heart of Manhattan and Brooklyn. Recently completed and ready for immediate occupancy, the two prestigious developments by an established New York developer, boast superb facilities and contemporary design offering residents comfortable and convenient living in the Big Apple.

It seems that the experts were right, whilst American nationals are struggling to come to terms with a very depressed housing market, European property investors, in particular the Brits, are starting to make hay while the sun shines.

Future Properties, the investment focused sister agency of leading agent PURE International, has launched one of the most unique lifestyle and investment opportunities available in the US.

The summer of 2005 saw the dreams of hundreds of thousands of American people destroyed when Hurricanes Katrina and Rita made landfall along the Gulf Coast.

For the property investor seeking favourable market conditions in a historically robust marketplace where there is opportunity for short, medium and long-term gains, the United States currently epitomises these conditions and quite possibly represents the ultimate in immediate investment opportunities.

Two top Florida Developers are putting scores of properties on the auction market with no reserve prices and no minimum. The luxury apartments on developments in two of the best locations in Florida will be sold to the highest bidder however low that bid might be.

Affordable Millionaire, the fractional property ownership company, is now offering a ski 2nd holiday home or property investment at the Hyatt Main Street Station in Breckenridge, Colorado, USA in time for the ski season (3 foot of snow has already arrived).

Combining the best of an all-season lifestyle with world-class golf, Tamarack Resort is presenting residential condominium opportunities in the new Lodge at Osprey Meadows Lake Wing.

The dramatic Chrysler Building / Empire State inspired Art Deco architecture of Capital at Brickell towers majestically over the Miami skyline. Leading the way in the renaissance of downtown Brickell, the 834 residences ranging from modest studios to awesome 10,000ft² sky penthouses with 5,000ft² of terracing have a phenomenal view on the world.

Despite concern about the US housing market and more recently the sub prime mortgage sector, investor confidence in the Floridian market has risen with the news that the prestigious Regent Hotel Group

MRI Overseas Property this week launches its new portfolio of properties in the Smoky Mountains, a beautiful region of mountain ranges and running rivers in the state of Tennessee.

In the first week of July 2007 the pound surged to a 26-year high against the poor old US dollar. Currently pitched at 2.01 $ US to the Great British pound everything’s two for the price of one right now, and that includes property.

Iconic building designed by renowned architect Calatrava to transform famed skyline and become one of the world’s most exclusive addresses.

With the Pound currently performing so strongly against the Dollar there has never been a better time for UK investors to purchase their dream home in Florida, whether as a retirement property or as a great investment, says MRI Overseas Property.