The last three years have been abysmal for financial growth, and globally we have seen massive unemployment and all the social ills that go with it. World economic problems have spread gloom for the last three years. But lately there are positive signs, a glimmer of hope highlighted with surprises like watching South Beach condo sales skyrocket.

The cause of this economic morass will likely be debated for decades to come, but most agree it had a lot to do with the housing market. Because housing construction drives so much economic activity, the health of this market can drive or restrain the productive engine of a nation. Financial institutions, unhampered by federal regulations were free to pursue clients in pursuit of the American dream any way possible. They did so by intentionally lowering the threshold for individuals to qualify for loans; now people could borrow money for a home with far less assets and financial prospects.

Knowing how important housing is to the economy, and realizing that home ownership is the most expensive purchase most citizens will make led financial institutions to make some bad moves. By relaxing the standards by which they determine who was qualified for a loan, many more families could purchase a house. But qualifying did not equate to being ale to afford the mortgage, which meant the banks were shouldering ever greater risk.

But lately it appears this spiral of loss is beginning to hit bottom, with indications of recovery. There are subtle signs, and it is whetting the investment appetite of those looking for a security. With the housing market having receded for the last two years, property is now valued more in line with reality, and there are solid deals available for the discerning investor and the eager, financially stable family.

At the first sign that reentering the housing market is safe, people are eager to take advantage of the bargains distressed property represents. Once the decision to look at real property is made, the wisdom of real estate sets back in, it is all about location. For a great any reasons, the warm weather and easy attitude of the people make Florida an excellent choice.

Once the notion that the times have changed and it is becoming safe to make the plunge into real estate as a safe and effective hedge against recessions and volatility, the housing market begins to stir once more. As is the case whenever property becomes attractive, the next decision is where one should look. There are few places that can offer the advantages the the state of Florida can.

Home to five of the most popular tourist attractions on earth, the sunshine state has much to offer for families and retirees alike. First and foremost is a weather pattern that is mild all year long. Outdoor activities range from fishing and hiking, to bird watching and para-sailing.

Miami beach is one of the most famous in the world, attracting global tourists to its pristine sands. The water is an average 20 degrees warmer than on the west coast, with first time visitors amazed at the bathwater level warmth. It is no wonder that as times improve, South Beach condo sales skyrocket.