FLORIDA ON SALE!: FOREIGN INVESTORS FLOCK TO THE US DUE TO WEAK DOLLAR
Cheap dollar and weak dollar combine to make an attractive opportunity for foreign investors
Foreign investors are snapping up US Real Estate like there is no tomorrow! Investors from Canada are benefiting from a dollar worth more than the US at the moment and UK buyers are experiencing 26 year highs for their Pound. Not to mention the Europeans who have a strong Euro - they are all in it to purchase a slice of the American Dream!
Florida naturally is high up on the list of hot spots, - from a villa near Disney to a condo on South Beach! New York is also a desirable location for Brits who at the exchange rate can easily afford a small apartment on 5th avenue! Southern California also is desirable with investors looking to San Francisco and LA for properties for them to sink their cash into.
ABC News reports - see link below.
Related Links
ABC News: America for Sale: Foreigners Flock to U.S.
Overseas Investors are Drawn to Real Estate Here Because of the Cheap Dollar
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