Wednesday, December 29, 2010

International Buyers Have Been Active at U.S. Housing & Real Estate Markets

International buyers 

U.S. Housing markets are looking good for international buyers these days.

International home buyers are usually described as those with permanent residences outside the U.S., recent immigrants and/or those with temporary visas.

Such international buyers purchased $66 billion of U.S. residential property (7% of the housing market) during the year ending March 2010 (according to the National Association of REALTORs®.

Attractiveness of U.S. real estate for international buyers is based upon of recent price declines, good supply of housing, high foreclosure rates, and weak U.S. dollar in comparison with other currencies.  advantages for buyers

The Euro value is stronger than the U.S. dollar, and value of the Canadian dollar is about equal to that of the the U.S. dollar.  Canadians see this as best time in decades for them to buy a home in the U.S. and are the largest group of international buyers here.

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If you want to see buyer opportunities for homes and real estate at Orange County, California, or at Newport Beach, and at Irvine, or at Laguna Beach, and at Corona del Mar, or at Newport Coast, or at Costa Mesa, please contact us.  Thanks.

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Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855

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We list and sell homes and properties at Orange County, California.  

Posted via email from Explore OC Homes

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