Will the World show up in Oregon as dollar weakens?

November 13th, 2007 by dirkknudsen

 Its a big Wolrd of Buyers out there!

The slumping U.S. dollar and the extended weakness in the U.S. housing market have weighed heavily on investors’ minds recently, raising concerns about the future of the U.S. economy. However, the two problems combined have led to a silver lining in the perfect storm. As U.S. investors debate whether to buy or not to buy, some foreign investors are taking advantage of the weak U.S. dollar and bargain barrel real estate prices and jumping into the U.S. housing market. Foreign investments in the U.S. housing market have jumped significantly over the last year. And it’s not just the U.S. burgers and fries that are drawing in the investment. Rather, to many foreigners, the United States has become the ideal vacation destination and eventually retirement home.

With Oregon Ranking so very high in terms of livability we can expect investment from China and Asia as well as India to be a real potential for sure!  Interesting stuff this Global Village that we are seemingly already living in!

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Dirk Knudsen:…, Real Estate Professional in 97229
Portland Real Estate - Trulia

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