Nearly 1 in 10 Homebuyers are Foreigners
The 6 year slide in U.S. home prices and the dollar weakness against some currency are driving a property buying binge with Asians, Canadians, Europeans & Latin Americans eager to own a piece of America.
Plowing money into real estate may sound like a risky venture to many Americans. But to a growing number of foreigners, U.S. housing has never seen a smarter investment.
International buyers accounted for $82.5 billion, or 8.9%, of the $928 billion spent on residential real estate in the 12 month period ended in March, according to a survey released Monday by National Association of Realtors. (Article by the Wall Street Journal)
How does this news impact your potential home sale and your marketing efforts?
Simply, if you are not on the Multiple Listing Service (MLS) or Realtor.com, you miss out on 1 of every 10 homebuyers looking for property in your area. International buyers primarily use these services to locate property and if you’re not listed there…they can’t find you.
BONUS: Foreign buyers also pay in CASH . No Loan Qualifications. No Apprasials. No Delays and No Waiting. CASH NOW!
The cost of listing your home on the MLS or Realtor. com is only a few hundred dollars for a 6 month listing. The summer selling season is well underway. Get your house on the MLS and Realtor.com today. There is no other way to get your property in front of all the homebuyers in the marketplace….and Time is ticking!!!
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