Orlando, FL, December 16, 2011 --(PR.com
)-- Coldwell Banker Feltrim stays ahead of the real estate trends focusing on the international market. The most recent real estate market movement is the popularity of cheap, yes, cheap Florida properties for Canadian investors. Properties that are being scooped up by investors are heavily discounted and are viewed as a long term holds.
The Canadian dollar is strong giving buyers additional purchasing power. Another trend is Canadian buyers are choosing companies like Coldwell Banker Feltirm that can handle the details from buying the property to renting and management. The properties earn residual income and can be used as a vacation spot for Canadians who like to escape the cold.
Coldwell Banker Feltrim has launched a set of initiatives to help Canadians who enter the Florida real estate market and have an opportunity to invest by providing the tools they need to buy a property. In order to assess the needs of Canadian buyers, Coldwell Banker Feltrim recently attended real estate trade show in Toronto. After interviewing many investors, Coldwell Banker Feltrim has been able to learn from the Canadian market.
Gary Kenny, CEO of Coldwell Banker Feltrim, says: “While bank interest rates continue to be low, and the stock markets are plunging, nationwide across the US property rents increased by an impressive 11.6% in 2010.
“And with low mortgage rates and big discounts on home prices, there’s never been a better time to become a landlord in Florida.”
Becoming a property owner is a long term investment and with property priced at pre-housing boom, this is the market to enter. Since Coldwell Banker Feltrim has experience in dealing with international buyers, the company has developed a comprehensive plan to help investors.
Coldwell Banker Feltrim has partnered with several banks to assist Canadians finance their investments. These agencies specialize in working with international investors and understand the requirements. The company has also combined their efforts with organizations like MoneyCorp in order to help clients get the best exchange rate.
Coldwell Banker Feltrim has a property management division that can rent and maintain the investors’ property while they reside in Canada.