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NOW
is the time to purchase property in the United States, but particularly the Georgia Mountains. Call us today for more information about why our location is the right choice for you.

US Phone Numbers:
01-1-706-745-3734 Office, 01-1-706-835-5149 Mobile


AppalachianTrail
FEATURE: Buying Property in the US...
Guide & Information for International Buyers

The Georgia Mountains: A Favourite Among International Buyers

There's been an overwhelming number of international buyers within the last six months asking about the north Georgia market. With the mortgage industry in the United States becoming so stringent with loaning money, the rental market is increasing, allowing investors from other countries to buy cheaply and lease quickly,
  • The sheer speed of the dollar's decline against major foreign currencies has been instrumental in sparking recent interest.
  • The British pound has jumped 34 percent against the dollar compared with five years ago, including 10 percent in the past 12 months.
  • The euro has made even bigger strides, rising 47 percent since 2002.
  • European investors have more purchasing power in the U.S. market and so are increasingly on the lookout for dream property deals on this side of the pond.
  • The U.S. housing market has been hit hard by the credit crisis, which has made properties even more attractive for Europeans stunned by sky-high house prices in their home countries.
Particularly popular overall are mild-weather destinations, like the Blue Ridge Mountains of Georgia. A large percentage of foreign buyers purchased homes for vacation property, many being swayed by both vacation and investment motives. An additional group purchased property for investment and rental purposes.

Most appealing is that buyers can get a nice home for less than $300,000. A large portion of homes in the mountains of north Georgia are in this price range

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Sources
Property Abroad Buyer's Guide to the United States
Articles from the Atlanta Journal-Constitution


blueridgemountains
• Three Springs Realty, LLC., Dan Easton •
• 706-745-3734, Fax 706-835-2188, Cell 706-835-5149, 866-745-0333 •
• Int'l 01-1-706-754-3734 •