U.S. Real Estate Very Attractive To Foreign Investors

Even though American Homebuyers are being slow to take advantage of record low interest rates, and falling home prices, Foreign Investors are not.  This is because United States Real Estate is looked upon by the rest of the world as a safe investment, especially when compared to what is happening economically throughout most of the rest of the world.

As a result several U.S. cities have benefited.  Among the top cities that have seen the most activity are:

• New York
• San Francisco
• Washington, D.C.
• Chicago
• Los Angeles
• Miami
• Minneapolis
• Phoenix

The above cities are not listed in any particular order, but they are among the leaders.

If Foreign Investor are finding U.S. Real Estate to be an attractive investment, it can't be long before U.S. Investors jump on that band wagon as well.  It would be nice if American Homebuyers came to the realization that this is the time that they should be purchasing instead of waiting, but in the mean time maybe the Foreign Investors will give our Real Estate Market a little boost.

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Who To Call For Your Mortgage Needs In Connecticut:

George Souto NMLS# 65149 is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Higganum, Haddam, East Haddam, Chester, Deep River, and Essex. George can be contacted at (860) 573-1308  gsouto@mccuemortgage.com, or visit my McCue Mortgage Homepage.