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Foreign sales increasing in american property market

Posted on 27 May 2011

US property purchases by international buyers have increased to $16 billion this year, the largest increase for several years according to new data from the National Association of Realtors.
Properties are being bought up by immigrants and non-resident foreigners, who are seeing the US as a good market in which to invest due to the large inventory and low prices. The US market has the added advantage of good long-term capital growth potential and excellent rental opportunities……………………………………….Full Article: Source


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