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

www.nickensmaui.com

Cell: 808-280-2208

Email:nickens@maui.net

 
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8 Comments on Is America for sale?

JUN
12
2008
248,590 Points Outside Blog

We heard the same story in the 80's with Japan coming over to buy everything they could get their hands on.  We can go there and do the same, but our title laws make it much more beneficial to buy here as opposed to there
4:35pm • #1
280,757 Points 3 Featured Posts Localism Sponsor Attended Rain Camp

I have no problem with foreign buyers. It is a international market place.

Steve
6:35pm • #2
2 Featured Posts Localism Sponsor

Hi Steve .. . I certainly hope they know something!  Investment is always a good sign.
7:04pm • #3
JUN
13
2008
2 Featured Posts

Steven- Bring me the foreign buyers! Foreign Investors or American, know a good deal when they see one and they know the market will pick back up sooner or later.
12:59pm • #4
JUN
16
2008

Very interesting.....by now you probably already heard that a company in Belgium ( i believe) OFFERED (unsolicited) to buy Budweiser!!!!!!! Just flat out buy the whole company---I havent heard yet if they will take that offer---but i doubt it.....i hope they dont sell out.......that's American history
11:06pm • #5
726,429 Points 64 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Lisa... not to disagree, but I surely think that the Flatiron Building or The Chrysler Building are as much a part of American history as Budweiser Beer... they just do not taste as good on a hot day at the Ballpark!
11:10pm • #6
JUN
17
2008
280,757 Points 3 Featured Posts Localism Sponsor Attended Rain Camp

Lori you are right on the money savy investors know when to buy and it's not when prices are going up.

Steve
1:37am • #7
280,757 Points 3 Featured Posts Localism Sponsor Attended Rain Camp

Lisa, If the Germans or Belgium buy Bud I think they will make a better beer. I love there dark beer but I can only have one because it makes me fat.

Steve
1:40am • #8


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Steven Nickens R(S)GRI ABR Maui Real Estate Hawaii (Island Sotheby's International Realty) Rainmaker_large

Steven Nickens R(S)GRI ABR Maui Real Estate Hawaii

Wailea, HI

More about me…

Island Sotheby's International Realty

Address: The Shops at Wailea, 161 Wailea Dr., Wailea, Hi, 96753

Office Phone: (808) 280-2208

Cell Phone: (808) 280-2208

Email Me

Aloha from the island of Maui. Life is good on Maui. Most people who have called Maui home will agree that it is a privilege to live on Maui. With this blog I hope I can share a little bit of the island's lifestyle and information on Maui real estate. Maui has been my home for 39 years, 18 years Maui Realtor, so let my experience work for you. I have extensive experience up-county, northshore Maui, and Wailea Maui. I have worked on sales teams at Wailea Beach Villas, Papali Wailea, Wailea Fairway Villas and currently with Hoolei Wailea Sales Team, so give me a call 808-280-2208


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