40% Off! California Real Estate

This is prime real estate, not foreclosures or short sales.

The whole state is on sale and you can get it for 40% off - if you're paying with Euros. That's right foreign investors and home owners are realizing that their Euro is making the purchase of U.S. real estate a real bargain.

We've heard reports from a recent luxury homes summit held two weeks ago in Vancouver, B.C., Canada that European and Russian money is flowing into the U.S. and Canadian luxury housing markets. 

The San Francisco Bay Area holds many great investment opportunities for foreign investors. Those looking for a second home or condo in one of the world's great places to live have their choice of many prime locations.

If you're selling an upscale home, consider advertising directly to the foreign buyer. The Internet makes this easy - if you have an agent that knows how to use the Internet effectively.  

Exchange Rates Give Foreigners The Edge in U.S. Housing Market

With the dollar at historic lows against the euro and other currencies, real-estate agents, appraisers and developers say overseas buyers are stepping up their purchases in the U.S. Some are buying vacation homes in Florida, California and Colorado that would previously have been considered out of reach. Others are gambling that properties purchased now will translate into savvy investments down the road, when both the dollar and the U.S. housing market eventually rebound.

The Fed's housing market objectives

The global economy is also moving to wealth parity… in most simplistic terms, global wealth is being redistributed from the US to China and India. That means even if most Americans can't afford those $1 million mortgages, a lot of rich foreigners can (yes, they are buying in Manhattan, San Francisco and Florida now).