Wednesday, October 26, 2011

Foreign buyers scooping up U.S. homes

By Les Christie October 21, 2011: 5:23 AM ET

NEW YORK (CNNMoney) -- Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here.
International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage globe-trotting investors to buy even more.

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