David Home Inspection

According to the U.S. Department of Commerce, the top seven countries that had significant holdings in U.S. real estate as of 2007 were:
Germany - 13 %
Latin America - 13 %
Australia - 11 %
Japan -10 %
United Kingdom - 10 %
Canada - 6 %
Netherlands - 6 %

• It is obvious this group of buyers makes up a fair percentage of buyers and that was two years ago. With the largest price reduction in decades, foreign investors are jumping into the US real estate market. Some Realtors have created websites in foreign markets to make first contact with needy buyers. Thinking out of the box has always meant success. Remember people use Google all over the world. Google is more than willing to sell add words in any country.

• The U.S. economy is wide open to foreign investors. Both investors and Americans significantly benefit from all this foreign investment. The NAR study estimates that without foreign investments in the securities market, the long-term lending rates would be four percentage points higher than the current rate, which would adversely impact the U.S. real estate market.

• Foreign direct investment into the U.S. not only creates more jobs but also contributes to the demand for U.S. real estate. In fact, foreign investment may be responsible for creating two million U.S. jobs, which further bolsters the demand for U.S. real estate.

• Permanent and temporary immigration of foreign-born workers into the U.S. further bolsters the demand for real estate. According to the Joint Center for Housing Studies at Harvard University, 1.7 million net immigrants are expected to arrive in the United States annually. This immigration pattern is expected to offset the decrease in housing demand by post baby-boomer generations.

In summary, the impact of foreign investment and immigration into the U.S. will continue to play a major role in the U.S. real estate market.

Thanks for reading and remember to add me as an associate.

David.