May the flat world save US housing market?

By vikysview

The US housing market is keeping the down trend and unsurprisingly hit its 4-year low on this Monday. What can drive our market up?

Last week, I met some British investors coming to Sarasota, Florida. With the 1-2 Pound-dollar ratio, they are happily considering buying houses in this beautiful suncoast. They may even don’t need to consider the new idea of  “rent to own”, they can afford the cash payment. “Beautiful area and great price, why not buy a second house here!” They really liked the area (like the one shown in http://www.myfloridahome4sale.com/index_files/Page266.htm), and keep visiting to different places around to select the best one.

Hopefully we will have more overseas buyers can lift the housing market up!

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