One in Five Canadians Would Consider Purchasing Property in the US

A BMO Bank of Montreal study revealed that 20% of Canadians would consider purchasing real estate in the US because of low prices and the strength of the Canadian dollar.

Canadians interested in purchasing property in Central Florida may want to take a look at the Osceola County area.  Home to Kissimmee, Osceola County offers a number of quality homes at affordable prices.  Short term rental zoning is also very attractive to out of area buyers. 

Call or email to receive information on buying a short sale or foreclosure home in the Kissimmee-Central Florida area.

Resort Style Condo

I receive inquiries from around the world from potential buyers interested in purchasing a resort style condo in the Orlando or Kissimmee area. Now is a good time to consider purchasing a condo as prices are as low as they have been in years.

Resort style condos in the Orlando and Kissimmee area are located within close proximity to all of the major Central Florida attractions and theme parks. Condo communities that have condos listed for sale where the condo is described as resort style include:

• Villas at Reunion Square
• Mona Lisa at Celebration
• Centre Court Ridge
• Tuscana
• Windsor Hills
• Club Cortile
• Cane Island
• Legacy Dunes

Those are just a sample, there are many more offering resort style living. The resort style lisfestyle includes communities that offer:

• Community pool
• Fitness center
• Private clubhouse
• Fishing dock
• Heated Spa
• Picnic areas
• Bicycle paths
• Tennis and basketball courts

Prices and size vary depending on the location. For a free list of resort style condos in Orlando and Kissimmee area, give me a call.

Related Florida real estate condo blog posts

Kissimmee haunted house is the perfect scare this Halloween!

The Parks and Recreation Department of Kissimmee will be the host of this year's spooky Halloween haunted house! The house is in downtown Kissimmee at 300 E. Monument. For $3.00 per person you can visit the haunted house from 7 pm - 11 pm on:

• October 23
• October 24
• October 30

For more information about the Kissimmee haunted house call 407.847.2388.

Speaking of houses, It does not have to be scary to sell or buy a home in Kissimmee.

Are there really homes listed for sale in Kissimmee priced at or below $10,000?

There are some very good housing bargains in Central Florida and the Orlando-Kissimmee area right now. This is good news for buyers and the news is travelling fast as people from all over the United States and then world are now taking advantage of these extraordinary prices and purchasing homes in Osceola County.

Just how good are these prices? Can you really buy a home in Kissimmee and the surrounding area for $10,000 or less? That is a question we received yesterday. The buyer was sure they had read somewhere that there were many homes for sale right now in Kissimmee priced at 10 grand or below.

Is this true? What do the facts show? I just completed a search of homes in Osceola County priced $10K or less and returned 0 results. Osceola County includes the city of Kissimmee. All is not lost however as I also searched for homes listed in Osceola priced between $10,000 and $100,000 and my search results netted 984 homes! 816 of those were listed as being in Kissimmee.

Maybe not $10,000 but those are still some amazing prices!

6 out of 10 homebuyers in Kissimmee purchased a bank owned property

Through June 2009, 6 out of 10 homes purchased in Kissimmee were homes that were listed as bank owned. Homebuyers are selecting bank owned homes because of the competitive prices and faster turn around time when compared to purchasing a house subject to a short sale.

Sales of bank owned homes in the first 6 months of the year compared to the total number of sales for that month in Kissimmee are:

• January sold numbers included 159 bank owned out of 252 total sales - 63%
• February sold numbers included 159 banks owned out of 247 total sales - 64%
• March sold numbers included 243 bank owned out of 367 total sales - 66%
• April sold numbers included 241 bank owned out of 372 total sales - 64%
• May sold numbers included 263 bank owned out of 423 total sales - 62%
• June sold numbers included 275 bank owned out of 447 total sales - 61%

There are currently 375 bank owned property showing as having a pending contract and 263 properties showing as active.

NOTE: “Based on information from MFRMLS for the period (January 2009 through June 2009).”

Related Florida real estate views:

So what do banks know that traditional sellers do not?

Banks who own property often do not have written home disclosure forms