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Weak U.S. Dollar Attracts Foreign Home Buyers

International investors bought 154,000 homes and condos in the 12-month period ending in May, according to the National Association of REALTORS.  Nearly 46% of these international home buyers paid cash for homes purchased, and the median price foreign buyers paid for a home was nearly $80,000 greater than the U.S. national median price.

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This entry was posted on Tuesday, December 29th, 2009 at 10:24 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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