US home sales on the rise
Some good news from the heart of the credit crunch - according to the National Association of Realtors (NAR) in the US, sales of existing homes are on the rise by 11% this autumn, as the immediate effects of the squeeze on mortgages bottoms out.
As the first signs of recovery show, it is worth bearing in mind the age-old addage: Buy when the market is at the bottom and sell when it is at the top. There are some real property bargains from MRI in Florida and Tennessee at the moment, and with the exchange rate still favourable (but predicted to drop before Christmas), the window of opportunity to make a sound investment in the US could be running out for UK/European buyers. In short, now is the time for smart investors to act.
MRI currently has a GBP149 property viewing trip offer from the UK to Florida. Fill in the form there to find out more.
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