Swooping In From Overseas
Washington Post Staff Writer
Saturday, March 15, 2008
With the U.S. dollar at its weakest level in decades, international buyers are chasing housing bargains here, eager to take advantage of their purchasing power and the declining prices in some of the best-known U.S. cities.
Against that backdrop, the Washington area is luring more than the usual crowd of diplomats. Now that the dollar is cheap, the region's appeal has broadened, enticing international business types and sophisticated investors who find comfort in the area's global reputation as a recession-proof market.
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Angela Jones
AngelaJonesRealEstate.com
Labels: Angela Jones, Angela Jones Long and foster realty, international real estate buyers in DC, Long and foster realty, Washington DC real Estate
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