As the value of the dollar against the pound continues to be weak, growing numbers of Britons are coming to realise that there has never been a better time to follow their dreams and relocate across the Atlantic.
According to the latest figures compiled by S&P and Case-Schiller over in the United States, the country's ten biggest cities have witnessed an average
property price reversal of 13.6 per cent over the last 12 months alone.
Notably, house prices in Las Vegas and Miami have declined by 22.8 per cent and 21.7 per cent over the period, making property very attractive indeed to overseas investors.
Carlo Walther, head of business development for Rightmove
Overseas.co.
uk, explained: "The general public are seeing that now is a good time to buy in the US. One [reason is] because the dollar against the pound is almost two to one, and the other thing is that there has definitely been a correction of
prices in the US.
"In some areas, Florida being one of them, prices have come down by almost 30 per cent. So people are saying that it’s almost a double-whammy, if you like. Now is the time to buy, and we are seeing that from activity on the site."
Though Britons may be able to 'supersize' their
homes if they make a move to the States, many may want to leave roots in the
UK and would therefore benefit from
safe storage facilities.
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