Wednesday, May 28, 2008

U.S. Home Sales, Miami Beach Real Estate

Foreign Buyers Lured by U.S. Home Sales



Attention on South Florida real estate is heating up from foreign investors thanks to falling home prices and the weak dollar.

As investment opportunities, foreign buyers have always been interested in certain U.S. markets, such as high-end Miami Beach real estate properties as well as properties in Manhattan.

However, professionals in the real estate industry have reported increased international interest in a much larger range of properties; from $60,000 single-family homes in South Florida's inland neighborhoods to $1 million waterfront villas located just miles from the Canadian border in Washington State.

Full Article...US Home Sales, Miami Beach Real Estate

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