The St Petersburg Times reports from Florida. “Last year, a Brandon townhouse seemed like the perfect investment for Richard Wojciechowski. He bought a 1,700-square-foot Sabal Pointe home and listed it at $229,000. The retired banker thought it would be an easy sell. But 14 months later, in Hillsborough’s slowest housing market in seven years, the place is still for sale.”

Look at today’s headlines on Floriday Property markets and you will realize that it’s buyers’ market. Home prices and sales decline in Florida, Waterfront Wonderland is 50% off sale, area’s existing home sales, prices down in July… the list goes on and on. Some even call the state of Florida to intervene and help to deflect disaster in foreclosures.

Florida, the Sunshine State has it all - perfect weather, stunning scenery, natural attractions, theme parks and golf courses to die for. It also boasts a plethora of seaside villas and apartments, many of which are available as holiday rentals or for sale.

With the US dollar taking yet another fall against the pound and the euro thousands of bargain hunters will be jetting off to the US as once again Florida is a hotspot to buy overseas property.