But not for long…

I’m just back from a conference where International Property Sales were discussed, and while I knew that the weakening Dollar was making American real estate attractive to overseas buyers, I hadn’t really quantified it for this property. So, I grabbed the values for a few par currencies, the Euro, British Pound and Canadian Dollar. I also pulled the historical trade values for 6 months ago, 1 year and 2 years ago, as well as the current data.

I added the historical data so that you could see that the Dollar was bouncing along at historical lows. So, while property is looking like a better investment for US residents because the market is bottoming, for those investing with foreign currencies, there is a double possibility. As the US Dollar starts rising again, the return for US real estate will be that much higher. Just in the last month, an investor from Great Britain could have realized a $100,000 increase in the value… without the price moving i dollars AT ALL! Imagine the gains as the dollar further increases and beat up values for the dollar correct.

Finally, in the interconnected world we live in, this is a great place to be. Coca-Cola, UPS, Home Depot, Delta Airlines, Georgia-Pacific, SunTrust Banks, Genuine Parts, Newell-Rubbermaid and scores of other companies. In fact, Atlanta ranks #3 in the US for headquarters of Fortune 500 companies, behind only New York City and Houston, and ahead of cities like Chicago, Minneapolis and Seattle.

Atlanta is also the home of Cox Enterprises, CNN and Turner Broadcasting, making it a media center.

One hundred years ago, the joke was that whether you were going to Heaven or Hell, you had to change trains in Atlanta. Hartsfield-Jackson Airport (ATL) is the busiest airport in the world, with flight just about anywhere at almost any time of the day. In fact, there were almost 1,000,000 flights in 2007. Atlanta is a transportation hub to destinations throughout the world.

Georgia Tech, Georgia State and numerous other universities and colleges are located in the Atlanta area…

Via 9010 Brixham Court’s Property website.

Don’t hesitate to shoot Lane a message if you have any questions, or need any help. And check out the new links for FREE Property Searching, FREE Comparative Market Analysis and FREE Market Reports. They are near the top of the page…