Six areas in the state of Florida are dominating the US property market and leading the country’s turnaround for recovery. As the stability of the real estate market improves, Miami, Orlando, Fort Myers-Cape Coral, Fort Lauderdale, Sarasota-Bradenton, and Lakeland-Winter Haven are all in the latest Top 10 Turnaround Town Report from Realtor.com.

This is great news if you are looking to buy property in the area, as Florida has always been a firm favourite with Brits buying property in the USA. Buying now will be sure to guarantee a good investment as the economy and housing market goes from strength to strength.

In fact, if anything, foreign buyers, particularly the British can be held to account for the success of the Florida market. Between 2007 and 2011, the number of foreign investors in Florida rose from 10 per cent to 31 per cent. Sarasota-Bradenton alone accounts for 11 per cent of purchases by foreign investors and is number six on the turnaround report.

Anyone who needs to transfer money to complete a property transaction in Florida, or any other part of the USA, should use a currency specialist to exchange their pounds into dollars. For more information, contact Smart Currency Exchange.

To understand the full step-by-step process to buying a property in America, collect The Overseas Guides Company’s ‘USA Property Buying Guide’