FOREIGN BUYERS CONTINUE TO SNAP UP US REAL ESTATE
Despite the faltering domestic markets in the UK and Europe, the weak Dollar is still keeping foreign buyers interested in US real estate, according to trade body the National Association of Realtors (NAR). Releasing the full findings from its 2008 NAR Profile of International Home Buying Activity, it found that business from overseas buyers kept agents in the country busy throughout last year, purchasing in every US state and territory, however at a somewhat smaller rate than last year. Of the 4,000 US-based agents surveyed between May 2007 – May 2008, some 26% served international clients in the past year … Continue reading FOREIGN BUYERS CONTINUE TO SNAP UP US REAL ESTATE