REAL ESTATE CALCULATORS(More Info)

U.S. Real Estate and the Weakening U.S. Dollar.

The US dollar has been falling against many foreign currencies. The US dollar has declined against the eurodollar for the past five years. How will this affect the US housing market and the cost of housing? In the short term US housing values are more a function of local supply and demand, but over the long term other less apparent factors could eventually work their way into US housing values and costs. If you have traveled to Europe recently and also five or six years ago, then you should have an appreciation for what I am talking about. If your dollar is worth half of what it was worth five or six years ago overseas, then what is your home really worth today. If you sell your home today for double what you paid for it ten years ago (in US dollars) and then take those dollars to Europe, how much appreciation in terms of "true value" did you obtain?

What affect will the weakening US dollar have on US housing prices? Will this put upward pressure on the US housing market over time? A couple of years ago I remember a realtor in Manhattan being interviewed by a major network television station and being asked what percentage of his customers were international investors. He commented that there was a significant increase in the number of foreign investors looking to acquire property in New York City and that the falling US dollar was a major contributing factor. Here are some articles of interest which may help clarify your understanding.

Here is an article relating to this topic, Foreign Investment in U.S. Real Estate 2000 , Published by the CIPS Network of the National Association of REALTORS®.

Here is an article relating to this topic, Foreign Investment in U.S. Real Estate 2002 , Published by the CIPS Network of the National Association of REALTORS®.

Here is an article relating to this topic, Foreign Investment in U.S. Real Estate 2005 , Published by the CIPS Network of the National Association of REALTORS®.

Here is an article relating to this topic, Foreign Investment in U.S. Real Estate Continues to Rise.

Here is an article relating to this topic, Falling Dollar Creating Opportunities in New York City Real Estate For International Investors.


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