11/10/2011

U.S. property now second most wanted

 US property is now the second most wanted from overseas buyers according to web portal TheMoveChannel. 

The States saw a 1.06% increase in enquiries to take second-spot from France, which received 1.57% fewer. 

Spain still leads the way after posting a 3% increase in searches.

“French real estate has been seen as a safe investment zone in Europe for some time, so America snatching second place is a great achievement,” said director Dan Johnson.

P4P Comment

Interest in American foreclosed property has steadily been increasing since we entered the market in late 2008. In the beginning, the interest was tentative with investors wondering if the prices on offer were too good to be true. Now, many realise the opportunity is for real and are piling into the market.