Miami condos are "for sale" for foreign buyers
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Canadian retiree Sheldon Kovensky felt the lure that attracts so many foreign buyers to sunny Florida these days -- falling prices for luxurious oceanfront condos that can be bought with weak U.S. dollars.
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News flash: Realtors may be biased toward real estate.
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There are signs that some high-end real estate developers are being hit by a slowdown.
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More buyers are turning Palm Springs, Calif., which has long been considered a second-home haven, into a primary residence.
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The Chinese government is imposing more curbs on foreigners buying Beijing property, reports say.
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Ouch! The dollar's drop translates into rapidly rising rents for some residents of these 10 cities.
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Foreign investors are buying aggressively, taking advantage of American duress and a weak dollar to snap up relative bargains.
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By TERRI SAPIENZA, THE WASHINGTON POST  When Marc Boutin went house hunting three years ago, he found that even the small ones were out of his price range. So he bought "the next best choice"  a really small condo.
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Buoyed by the strong economies and currencies in their own countries, foreign investors now see an opportunity to scoop up coveted Manhattan real estate.
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By Allison Connolly, The Baltimore Sun  Feb. 27--Three Millennium Chemicals properties here are being sold again, this time to a foreign owner. In all, more than 400 workers in the Baltimore area would be affected.   Lyondell Chemical Co.
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By Charles Rabin and Curtis Morgan, The Miami Herald  Sep. 11--Picture it: shimmering European handcrafted yachts, hundreds of feet long, docked on Biscayne Bay. The wealthy being served drinks with little umbrellas. Children playing on oversized decks.
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The Umoja shantytown was intended to shock. Just a few miles (kilometers) from the luxury condos of Miami Beach, it stood as a protest at the lack of affordable city housing.
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By Robbyn Brooks, Northwest Florida Daily News, Fort Walton Beach  Feb. 15--Locals may complain about the increase in condos, traffic during tourist season and the housing market.   And they're all valid complaints.
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By Scott Hiaasen, The Miami Herald  Mar. 13--They had a contract to buy the Biscayne Bay bottom and a deal to sell it to the state. They were one step away from $7.2 million.
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Shaquille O'Neal is set to take on the Miami real estate market.
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An auction of foreclosed homes, many of them in fast-growing exurban and desert communities east of Los Angeles, brought out a crowd of potential buyers.
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By John Gillie, The News Tribune, Tacoma, Wash.  Feb. 9--Forget the dream of buying a condominium on the east side of Tacoma's Thea Foss Waterway.