American Real Estate Slows For Overseas Investors
Tuesday, November 25th, 2008 
Posted by OP-Mall in 
US Realtors are doing it hard right now to attract overseas buyers to their shores as their market dries up due to the global credit crunch. As of late it seems the Korean and Russian buyers with plenty of cash flow are the ones still in the property game whereas most others are sitting on their benches, waiting for better times.
Some real estate agents say that 10-30 percent of sales in the country are accounted for by overseas buyers.
Immobel, a Warsaw based company that specializes in online real estate listings translations into 13 languages saw their American market jump up by 30 percent.
