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International Real Estate Buyers of Property
International home buyers are increasingly attracted to property in the U.S. Several factors, including the strength of the dollar, the value and desirability of U.S. real estate, and the emerging economic recovery, continue to drive international interest in owning a home in this country.
“While all real estate in the U.S. is local, the same is not true for property owners,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox Real Estate in Tucson, Ariz. “The U.S. continues to be a top destination for international buyers from all over the world. Foreign buyers understand the value of owning a home in this country and can rely on Realtors® to help guide them through the complex process of buying property in the U.S. With expertise, knowledge and experience, Realtors® have a global perspective.”
The survey, released today, covers the period between April 1, 2009, and March 31, 2010. During that time foreign buyers, including those with residency outside the U.S. as well as recent immigrants and temporary visa holders, are estimated to have purchased $66 billion of U.S. residential property, or 7 percent of the residential market.
Continue reading Why International Buyers are attracted to US Market
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. International Investors attracted to US Properties is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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