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Foreign buyers scooping up U.S. homes By Les ChristieOctober 21, 2011: 5:23 AM ET NEW YORK (CNNMoney) — Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here. International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage globe-trotting investors [...]
Interesting Article by Brian Lewis – Bloomberg – 8/15/2011 New York Commercial Property May Beat Las Vegas Commercial-property buyers may shift their focus back to big coastal cities in the U.S. as persistent economic weakness and Europe’s sovereign-debt crisis prompt a retreat to the safest investments. Investors have been moving into secondary markets such as [...]
Market Report – June 2011