Property Investment - Florida still a good buy

Property investors are turning to Florida in increasing numbers these days for their investments.

Specialist mortgage lenders have seen Florida sales double in the year to date when compared to last year. This bucks sentiments that investors are in fact moving away from this market.

Some property investors have been warned off Florida recently by UK media articles talking of a falling market. It is clear the US economy is going through change, with a slow down in house price inflation of 6.5 per cent across the country. However, Florida is still performing strongly with house price inflation at 9.5 percent.

Florida's house prices, along with the current strength of sterling against the dollar, represents a good investment opportunity for those looking for a second home abroad and especially those seeking a longer-term investment opportunity.

Florida therefore remains a solid option for medium to long-term property investment.