As the billionaire property investor Warren Buffett proclaiming recently,

“Within a year or so, residential housing problems [in the US] should largely be behind us”

Suggests that buyer confidence in the US and more specifically the perennially popular Floridian property market has returned.

Even though the outlook for the US economy being increasingly positive in 2010, recovery is not expected overnight and there is a range of Below Market Value housing stock available. In the Sunshine State of Florida in particular up to 72% discounts are available from most recent selling prices.

Experience International’s MD Steven Worboys comments,

“From our detailed research we believe that Below Market Value Florida property for sale is still one of the mostinteresting and potentially lucrative investment opportunities currently available. Working with Florida’s most trusted and experienced real estate experts we have sourced a range of premium properties in highly sought after areas at up to 72% below recent selling prices.”

Top 10 reasons to invest in Florida

For those considering investing in a property in the US, here are ten top reasons to invest in Florida to ensure that you are, in the words of Warren Buffett, the “buyer who benefits”

1. Robust economy – Florida’s accounts for 5% of the nation’s total economic output and industry diversity has ensured stability over the last 12 months.

2. Key location for international trade – 40% of all North Americas exports to Latin and South America pass through Florida with Miami airport handling more international cargo than all the other airports in the US.

3. Business-friendly taxes - Florida remains among the top ten states in the US with regards to “business friendly” taxes (Jacksonville Observer 2009) which has a positive effect on the local economy.

4. A growing population – the 4th most populated state in the US is still experiencing growth with University of Florida’s Bureau of Economic & Business Research forecasting an increase from the current 18.75 million people to about 24,971,000 in 2035.

5. An affluent population – As well as increasing in numbers but also in wealth, the per capital person income of Floridians is $39,267 (2008) showing continued year-on-year growth.

The above 5 reasons are just the introduction BUT for the most important other 5 reasons in addition to wealth of overseas property investment news, trends, insights & tips please visit our Blog overseas-property-insights.com