Tuesday, July 12, 2011

Foreign Buyers Lifting U.S. Home Sales

Housing markets across the country are being boosted by foreigners. The dollar is currently weak against many international currencies such as the euro, Canadian dollar and pound sterling. Many people are taking advantage of the low cost of American housing buying in many of the more desirable holiday destinations. Florida in particular has historically attracted foreigners and 8 of it cities rank amongst the 20 most popular cities for foreign investors in the U.S. The most popular nationalities are Canadian, Chinese, British and German.


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