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Dear valued client and friend
Foreign Buyers Favor U.S. Residential Property
- by Victor Normand (Broker/Owner)
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While uncertainty exists in the real estate market today for some, one group of buyers has increased their purchases of property in the U.S. For the period from April 1, 2009 to March 31, 2010, foreign buyers from all over the world purchased $66 billion in residential property in the U.S, or 7% of all the residential real estate sold during that period according to the National Association of Realtors®.
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Acton Area Housing Market Statistics*
Single Family Home Sales
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* Acton, Boxborough, Harvard, Littleton, Maynard and Stow
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