Article: Weak Dollar Is A Huge Draw For Foreign Investors In Us Real Estate
|
|
|
|
|
Weak Dollar Is A Huge Draw For Foreign Investors In Us Real Estate
The weak US dollar has been good news for real estate. Taking advantage of the favorable conversion rates, foreign investors are eagerly picking up real estate in major cities across the US. Who is buying and where are they investing?
WHO IS INVESTING?
In recent years the US real estate market has seen the highest amount of investing from foreign investors in Germany, Britain, Canada, Japan and the Netherlands. Germany was the strongest player in 2004 reporting over $4 billion in investments for that year.
Where are they buying? In the past Europeans were drawn to East Coast properties and Asians to the West Coast. Now, because of the lower interest mortgages and a weak dollar, foreign investors are picking up property, commercial and residentia...
|
|
|
|
|
|
|
Home
|
Back To Articles Directory
|
|
|
Send your comments, Suggestions or
Queries regarding this site at roseindia_net@yahoo.com.
|
|
Copyright © 2006. All rights
reserved.
|
|