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Modern Land Grab

Pinned on July 20, 2012 at 11:17 am by Admin

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Modern Land Grab

Foreign buyers are snatching up U.S. real estate and they bought nearly 8% of homes sold in the 12 months ending in March 2011. That may not sound like much, but is in fact worth $82 billion of the U.S. real estate market. Why do foreigners buy U.S. properties? How much do they spend? How do they finance those purchases?

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