Monday, July 12, 2010

More Positive News On Foreign Buyers

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More than one-quarter — or 28% — of Realtors reported working with at least one international client over the past year, up from 23% in NAR's 2009 report.

"[C]hanges in value to the US dollar have had a strong impact on the international real estate business," Golder said. "In addition, perceptions abroad about trends in the US real estate market have led many international clients to believe purchasing a home in the US is more affordable than in their country and holds more value."

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