
With the US Dollar falling to new lows against many foreign currencies, now is the time for foreign investors and foreigners looking for second homes or vacation homes to buy in the United States. Buyers from Canada and the UK have already started to make waves in the slumping US real estate market. With the combination of their strong currencies and falling real estate prices in our country some phenomenal deals are already happening. Imagine if you are from England and you purchase an $800,000 property in the US, it is like getting a 50% discount on the price because of their strong exchange rate. Canadian buyers are now on an even playing field since both their dollar and the US Dollar are just about even for the first time in over 30 years. The Euro has just hit an all time high against the US Dollar as well. There are many opportunities out there for everyone to purchase, but the buyers coming from outside of the United States really have the upper hand today, and probably for at least the foreseeable future. For more information and to find out where the best deals in the Miami real estate market please call Paul Hansen 786-586-4778.
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