Saturday, January 12, 2008

Perfect Storm for Foreign Buyers of Real Estate

It appears that the timing is the best it has been for quite some time for foreign buyers looking for second homes in the USA....sort like the PERFECT STORM !
  1. Prices in most USA markets are coming down
  2. Foreclosures are increasing
  3. Inventories are rising
  4. Locals are not buying because of tightness in lending
  5. Property values in Europe are skyrocketing
  6. The Euro and the British Pound continue to strengthen
  7. The Canadian dollar is also strong
  8. The likelihoodof a stronger dollar is LOW

Plenty of opportunities to buy at reasonable prices ....currency of acquirer and future property appreciation minimizes risk.

Let us know how we can help you by contacting us at http://www.homekeys.net/

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