Forclosures in United Kingdom
February 27, 2009 by Perry Corneau · 2 Comments
Forclosures in the United Kingdom have increased by as much as 54%.
Foreign National Lending
November 19, 2008 by Perry Corneau · 2 Comments
Recent changes in lending practices have added some complexity to the loan process for foreign nationals. It is important for any foreign buyer desiring to purchase Florida Real Estate to work with professional brokers who are familiar with the process. Because banking institutions have been caught with so many bad loans they have raised the [...]
New Mall on University Parkway
November 4, 2008 by Perry Corneau · 3 Comments
Recently the Benderson Group and it’s partners have received final approval to pull permits on the construction of their new mall on University Parkway. The mall to be called the University Town Center will be modeled after the Mall at Millenia in Orlando. The developers expect that at least 70% of the retailers in the [...]
Foreign Buyers for Florida Real Estate
November 3, 2008 by Perry Corneau · 2 Comments
Florida annually attracts 15% of the international real estate buyers. Of the four US states attracting the most foreign investment, Florida garners 25.4% while California receives 8.9%, Arizona receives8.7% and Texas, 6.8%. The number of foreign investment in Florida real estate is sure to increase. Warren Buffet predicts that U.S. assets owned by foreigners will grow [...]
Sarasota & International Real Estate
February 29, 2008 by Perry Corneau · Leave a Comment
This past Wednesday the Sarasota area looked even more attractive to European buyers whose burgeoning buying power rose to a record exchange of $1.5057 to 1 Euro. Similarly the British pound rose to nearly $2 this past Wednesday on speculation that the Fed will once again lower interest rates. I am currently working with European buyers who have expressed their intention to take advantage of the [...]
International Real Estate; Russia
February 6, 2008 by Perry Corneau · Leave a Comment
Now that I have returned from my trip to St. Petersburg Russia, I have had many requests for pictures of the trip. So here they are.
St. Petersburg is a beautiful city. The people there are very friendly and very polite. I made many new friends and relationships there. I met many people there that had [...]
International Real Estate, Russia
January 20, 2008 by Perry Corneau · 2 Comments
I will be in St. Petersburg, Russia this week from Jan 22 to the 29th. I hope to make many new contacts and business referral arrangements for Sarasota buyers.
Foreign Investment
December 14, 2007 by Perry Corneau · Leave a Comment
The British pound is particularly strong, currently trading at over two to one against the dollar. This means that foreign private investors and investment groups are highly motivated to buy. The rich are taking this opportunity to become richer. I hear it every day, “If I had the money, I would buy all I can.” [...]
Foreign investment in Florida Real Estate
October 1, 2007 by Perry Corneau · 2 Comments
Foreign investors have poured more than $120 million into Central Florida real estate from January through June of this year, on everything from student housing to downtown office space, a new report shows. That makes the Orlando area the 19th-largest market for foreign investment in the United States and the largest in Florida.
Costa Rica Real Estate
August 9, 2007 by Perry Corneau · 20 Comments
There are so many coastlines in Costa Rica that it goes without saying that properties with an ocean view are plentiful. Land is much cheaper in Costa Rica than in other parts of America, so many people are vying to get their piece of paradise. With real estate still at about levels 70% less than [...]
