Florida Foreclosure Homes

Written by Stephanie Dula
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Florida has always been a hotbed of real estate activity, given its prime location and major attractions. Buying foreclosed property is no exception to this rule; many people can see the obvious benefits in finding discounted property here. The Sunshine State has been a particularly popular destination for those looking for a place to retire.

Florida's Prime Real Estate

Orlando, Florida is perhaps the largest tourism-driven economy in the United States, and residents are drawn to the many jobs this industry provides. They also like it for its close proximity to both coastlines, as well as other central Florida communities. Major sporting events, both professional and amateur, take place here as well, making Orlando a top spot to look for foreclosure and other real estate property.

Other dynamic real estate markets include the Tampa Bay area, which includes Clearwater and St. Petersburg. Since Clearwater Beach has consistently been ranked one of the top beaches in the country, this area is a popular spot for vacation and second homes. The Tampa Bay area also boasts excellent schools and low taxes.

New construction is still on the rise in Florida, often in the form of theme and planned communities, which offer their own recreation activities, transportation, shopping and dining. Since it is possible to locate new property undergoing foreclosure, Florida would be a good place to start looking. The countless beaches and thriving urban centers of Florida make it a top choice for real estate investors, since property is likely to grow in value.

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