BROWAR COUNTY, Fla. – More positive signs that Southeast Florida may be ready for a real estate turnaround: Real estate agents say foreign buyers are starting show increased interest in the area once again.

“Before I came, I was skeptical about what I might find, you hear all the bad news about the economy and what’s going on,” said Australian investor Emily Reid.  She’s been impressed with the homes she’s seen since beginning her search.

“I’m here as an investor, predominantly what I’m looking for is to get some cash flow,” Reid said.  “Buying at a good price, good value.”

Real estate agent Steve Joseph says Reid is typical of the type of investors coming back to Southeast Florida.

“They want to buy and they want to hold, they want the value to increase,” Joseph said.  “They’re not in it for the short term, so what I see is very healthy to our market.”

Joseph has seen more foreign visitors boarding his foreclosure bus tours lately.

Real estate companies are making extra efforts to reach out to foreign buyers.

“Europeans are aware prices won’t stay as low forever and the Euro may not stay as strong forever, so they see a shrinking window of opportunity to take advantage of that,” said Home America agent Dan Richter.

After weeks of house-hunting, Emily Reid got her first contract Monday, and hopes it’s not the last.

“The opportunity is making me want to come over and do more, that’s for sure,” Reid said.

 For More Information Contact G&E Realty Group, Inc.  (954) 450-1174