Jan 14 2008
Foreign Buyers Snap Up U.S. Properties
- 1 Comment
In 2007, foreign investors acquired more than $43 billion worth of U.S. properties — almost double the amount foreigners spent in 2006. By Curt Nickisch
Listen to Curt’s story at www.npr.org
Three reasons:
1. Weak dollar makes U.S. real estate more affordable.
2. Increased global wealth means international investors have more investment capital.
3. Falling U.S. real estate prices offer bargains for foreigners.
1 Comments on this post
Trackbacks
-
south Charlotte Homes said:
We’ve seen that in Charlotte- Charlotte real estate is already popular among real estate investors, and in the 3rd and 4th quarter last year international inquiries are up 500%. Real estate closings to follow! Check out Charlotte Real Estate
January 15th, 2008 at 9:54 am