Bill's Real Estate Blog

The word I am getting from a number of foreign buyers is that they are becoming more attracted to U.S. properties, especially Hawaii, because of the falling value of the U.S. Dollar. In fact, some very astute foreign buyers are now positioning themselves to take advantage of the Japanese Yen and the Euro's growing strength against the dollar by targeting in on some high end Honolulu properties.

Some foreign buyers are anticipating scooping up bargains as prices in the U.S. as real estate market softens because of the sub-prime situation as well as taking advantage of the attractive currency exchange rates as the dollar weakens against their currencies. This activity may help stabilize depreciation in real estate values in some areas and may help raise prices in other more desirable markets.