With exchange rates greatly favouring the Euro & sterling against the U.S. dollar, US real estate opportunities for European & UK savvy buyers are seemingly boundless; however the “window of opportunity” that provides the best conditions to enable the lowest possible purchase price to be obtained may just be starting to close, although of course only time will reveal if this is the case or not !With the dollar starting to strengthen plus new home inventory gradually reducing, (monthly house sales data shows they are steadily increasing due to low pricing) the indicators are prevalent and wise investors recognising this are currently back and buying !
There are some amazing deals still possible; buyers acting now should greatly benefit from what may lie ahead, price increases are inevitable for this is what always occurs once prices hit rock bottom and the home sales then start to increase, the question is when and how high will they go before they reach a sensible sustainable level !
Today’s buying power from those with the financial wherewithal to commit most certainly will achieve a US real estate investment that offers tremendous value, possibly at a level that “can never ever be repeated” !
From our experience a recent boost in enquiries and sales has taken place with many nationals including Canadians and US citizen investors; this is a very positive sign of what may possibly occur in the near future! Are we witnessing the early start of a US housing recovery ?
We whole-heartedly recommend any potential buyer to seriously consider positive early action; as to remain “sitting on the fence just watching” may prove to be somewhat costly.
Consider acting NOW before it its too late to capitalise on a great real estate purchase at an absolutely rock bottom price !
Call for more information about the very best deals currently available 08456 444 747 (UK) 1-877- 298- 3931 (USA)
8th August 08
Currency trading firm quotation;
“The dollar continued to strengthen yesterday on the world’s money markets and this morning traded below 1.93 against Sterling and on the 1.51’s against the Euro. Pending home sales came in above market predictions following recent impressive data from the US over the last week or so; it looks as though the world’s biggest economy is going to stave off recession and dealers are eagerly awaiting every piece of data released to see if the current trend continues.
The main reason for the dollars continued run against the Euro was a reaction to the speech given by Mr. Trichet after the ECB decision to leave rates on hold. Mr. Trichet defended the recent rise in Euro interest rates as he was still concerned about inflation although admitted it has had an impact on economic growth in the Eurozone and he didn’t expect this to improve in the near term."
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