The current world property market is offering a prime opportunity to buy with Florida one of the better destinations, it has been argued.

In a feature on the issue, Property Week quoted a number of experts advising that now is a good time to buy, stating: "From European hot spots in Croatia and Montenegro to less exotic investments in Florida and the south-west US, now may be the right time to buy."

The suggestion that now could be a good time to buy in Florida may encourage Orlando property seekers to invest in the area.

Lower prices are a major factor in increased buyer activity, said head of international residential investment at Savills Charles Weston-Baker.

The news provider quoted him as saying: "Where people can get a good deal, they’re grabbing the bargains."

Earlier this month the Orlando Sentinel reported that lower prices are causing an increase in transactions in the Orlando property market.

It noted that half of these sales are either repossessed or short sold bargains, the latter being a case where a bank will accept a price below that of the mortgage value.

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