Norada Real Estate Investments

  •  Home 
  • Markets
  • Properties
  • Notes
  • Membership
  • Podcast
  • Learn
  • About
  • Contact

Top US Real Estate Markets for Foreign Buyers

November 19, 2012 by Marco Santarelli

Wealthy foreigners from around the globe are taking advantage of America's housing bust to snap up U.S. properties at cut-rate prices — helping local markets rebound in the process.

“We've seen foreign investors buy $10 million to $20 million worth of property in a single trip,” says Peter Loewy of Los Angeles-based Teles Properties. “They think this is a good place to park money, and it's less expensive than their real estate back home.”

A recent National Association of Realtors (NAR) study estimated that foreigners and immigrants who've lived here less than two years spent $82.5 billion on U.S. investment property in the 12 months ended March 31, 2012.  That's about 9% of the total paid for all U.S. housing purchases during the period.

[Read more…]

Filed Under: Housing Market, Real Estate Investing, Real Estate Investments Tagged With: Housing Market, Real Estate Investing, US Real Estate Markets. US Real Estate, USA Real Estate, USA Real Estate Markets

Real Estate

Quick Links

Blog Posts

  • Sacramento Real Estate Market And Investment Overview
    February 24, 2021Marco Santarelli
  • New York Real Estate Market: Prices | Trends | Forecast 2021
    February 23, 2021Marco Santarelli
  • California Housing Market: Forecast | Prices | Trends 2021
    February 22, 2021Marco Santarelli

Contact

Norada Real Estate Investments 30251 Golden Lantern, Suite E-261 Laguna Niguel, CA 92677

(949) 218-6668
(800) 611-3060
  • Terms of Use
  • |
  • Privacy Policy
  • |
  • Testimonials
  • |
  • Suggestions?
  • |
  • Home

Copyright 2018 Norada Real Estate Investments