In speaking with a number of international buyer’s and builders there are two major factors regarding their decisions in purchasing properties in the United States. First, they see the value of U.S. property and second, the currency exchange rate makes this an excellent time for international buyers to buy new homes.
Demand for U. S. properties continues to grow as a result of both.
At the time this blog is being written the currency exchange rate for the Euro is 1.57 against the U. S. dollar and the Pound Sterling is now trading at 1.97 against the U.S. dollar.
To get up to date currency exchange information go to http://www.xe.com/
International buyers, of U.S. properties, are getting discounts as high as 50% based on the currency exchange rate plus the additional builder’s incentives.
As the builder’s inventory diminishes the incentives will be eliminated making this an opportune time for the international buyer to buy a U.S. property.
No comments:
Post a Comment