Californian property has gained a renewed worldwide dream appeal for overseas investors since the slump of the U.S. dollar has given them more buying power. While local American interest has stalled, mainly due to slumping property prices and the fall of the U.S. dollar, overseas investors are snapping up properties in California as if they were the latest fashion.
This latest trend has prompted many local Californian Realtors to switch advertising tactics and target foreigners instead. Buyers from countries such as Spain, Russia, the Netherlands, the Philippines, Brazil, China, Italy and Mexico have especially been active in acquiring their dream property in California.
The dream of sand, sea and eternal sunshine lures investors to take advantage of the great conversions while the going is good.










