Since last summer, the media has been reporting non-stop on the American mortgage crisis, which has affected all regions of the United States, including Florida.
Prices have dropped significantly, and the favorable exchange rate of the ruble and euro to the US dollar means that many great properties are currently priced at 50% less than last year.
Local indices show that market prices for Florida homes have bottomed out, and some prices are starting to climb again.
The Orlando area may not be as famous as its coastal neighbors; however, the investment potential in this area allows for good returns once the markets recover. Orlando is one of the world’s tourism hotspots, thanks to its wonderful weather all year round, but especially thanks to its incredibly well-developed tourism infrastructure, including numerous famous theme parks, convention centers, attractions, and entertainment.