Thursday, June 09, 2011

NAR reports that Foreign purchasers buy U.S. property for investment, vacation, and locational reasons.

  • National Association of Realltor’s 2011 Profile of International Home Buying Activity reports that foreigners view U.S. properties as a secure investment, one that provides rental and long-term appreciation possibilities.
  • Homes in this country are less expensive than comparable foreign properties.
  • International purchasers buy properties for both vacation and rental purposes

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