In light of the current interest rate hikes, and current Real Estate market trends, many Canadians are considering investing elsewhere when it comes to purchasing their second home, a rental home or even a new home to settle into. If you are considering investing your hard-earned money into Real Estate as a Canadian, Florida would be the perfect place to suit your needs, whether you are looking for a vacation home, a potential income-generating property or if you’re looking to make the move yourself. Not only that, but right now is the perfect time to take the leap! Here's why Canadians should be investing in Florida Real Estate.
With travel becoming both more accessible and desirable, a lot of Canadians are looking for a true getaway experience after a rough few years of restrictions. Purchasing a vacation home in Florida is the best way to increase your equity while also having the option to escape the dreary winter months in Canada to enjoy the sunshine state.
We all know that winter is never too far away, so why not invest in a vacation home where there are more sunny days to enjoy? Not only is Florida a picturesque paradise for shopping and leisure, but there are also plenty of thrilling watersports at your fingertips for those seeking a getaway filled with adventure.
Who doesn’t love passive income, especially in the current economic times? Investing in a rental property in Florida is always a great idea, either for long-term rental tenants or for opening up an Airbnb. More and more Canadians and Americans are flocking to Florida, so this is a great opportunity if you are in the market for a second home to both increase your equity and generate some extra income. Real Estate is always a great investment.
It’s the summer season, which Canadians typically associate with busy season in Real Estate. While this is true up here in the Great North, in Florida the summer months are their quiet season, or “off-season”, making right now the perfect time to purchase your Florida property. Minimal competition from other buyers and softer price points are some of the benefits that Canadians will enjoy if they purchase a property in Florida. Not only that, but Florida is also experiencing a more balanced market, which presents fantastic opportunity for buyers as they have more leverage to get an excellent deal on a home.
Not only is Faris Team the #1 Real Estate Team in Canada, but we also have an office in Florida!
We have Professional, Local, Loving Realtors® in Florida who are ready to go full out® for you from start to finish and will deliver an End-To-End Stress-Free Real Estate Experience unlike any other!
We have recently expanded our Mega Real Estate Team servicing Southwest Florida, including desirable destinations like Bonita Springs, Cape Coral, Fort Myers, Naples, Marco Island and Estero. Whether you’re looking for a vacation home, an investment property, or you’re ready to make the move to the sunshine state, we are ready to go full out® for you and help you through every step of the way.
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