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Foreigners Investing in Sunny California!

By
Real Estate Agent with Realty One Group

Interesting article posted on MSN that if Americans won't buy homes, foreigners will!
International interest in U.S. properties continues to grow this year with the biggest focus on homes in California and Florida.  I can say from personal experience here in Laguna Beach that our Open House traffic always brings in International prospects. Laguna is a very desirable oceanfront community and the perception is that homes are more affordable right now...not to mention the foreign exchange rate and decreasing value of the dollar, making it a very opportune time to buy for International clients!

Check out the entire article here:

http://realestate.msn.com/blogs/listedblogpost.aspx?post=1780764

Comments (3)

Carol West
Carol West Real Estate, LLC - Hillsboro, OR
Real Estate Agent, Hillsboro, Beaverton, Portland

It's a good time to be an international agent?

Jul 13, 2010 03:05 PM
Carol West
Carol West Real Estate, LLC - Hillsboro, OR
Real Estate Agent, Hillsboro, Beaverton, Portland

It's a good time to be an international agent?

Jul 13, 2010 03:05 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Cynthia, I’m in CA as well. Not at the beach so much … but foreign investors are buying up California for sure!

Jul 13, 2010 05:15 PM