Taunya Fagan Bozeman Real Estate Blog: SW Montana Homes: MLS Listings: WEAKENING DOLLAR, DECREASING HOME PRICES: Increase in Foreign Second-Home Buyers

WEAKENING DOLLAR, DECREASING HOME PRICES: Increase in Foreign Second-Home Buyers

WEAKENING DOLLAR & DECREASING HOME PRICES: According to the Statesman.com a growing number of foreigners are purchasing a second home in the US for work and play and investment. Cities like New York and Miami have been second home meccas for wealthy and successful foreigners. This trend is increasing. One in five US realtors has sold a home to a foreigner in the past 12 months, according to National Association of Realtors.

More on this trend at Statesman.com 

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Comments

Yea baby, I am going to sell off my homeland to the rest of the world and retire in Costa Rica.

Take care!

RJH

Posted by Empire Realty over 4 years ago

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