Foreign House Buyers Spent $41 Billion on US Properties in 2010 and on the Rise in 2011
Los Angeles tops the list with the most influx of foreign investors and the UK tops the list of the foreign buyers. The other top 5 are Canadians, Australians, the French & Germans. With the strength of many foreign currencies and the drop in U.S. home prices, there is no wonder they are snapping up properties like candy.
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