With the global economic recession decimating international real estate markets, there has never been a better time to invest in Overseas property find out more . Whether we are talking about homes in Europe, America, Canada or elsewhere, it is undeniably a buyers market.
America: As soon as the subprime mortgage crisis hit and the banks started to foreclose on homes in record numbers, international investors flooded the marketplace. In cities that were especially hard hit like Detroit, investors came from far and wide to snap up real estate at below market prices.
As we mentioned, many of the investors were foreigners from places like China, Japan and the UK. (more...)