Real Estate Talk

Monday, March 17, 2008

Swooping In From Overseas

By Dina ElBoghdady
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.

Click here to read the entire Swooping In From Overseas article

Angela Jones
AngelaJonesRealEstate.com

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