There was a story I was looking at on the Drudge report yesterday. It looks like with the weak dollar foreign money is pouring in to our country. European travelers have been spending a of money for I- Phones to luxury condos in America. The newest sale was a majority share of Manhattan's historic Flatiron Building. It was the tallest building in New York in 1902 with 22-stories. Located on Fifth Avenue, Broadway and 23 St. It was purchased by A top Italian real estate investor. I also believe that the Crystler Building was also purchased by a company from the middle east. So with the dollar so weak America contiunes to look like a good buy for foreign investors. Do you think they know that the real estate market is going to turn around? www.nickensmaui.com/wailea_condos.htm
Steven C. Nickens R(S), GRI,ABR
Island Sotheby's International Realty
The Shops at Wailea
161 Wailea Ike Dr.
Wailea, Maui, Hi 96753