Field Guide to Foreign Investment Trends in the U.S.
(Updated June 2007)
Despite potential risks such as a depressed housing market, dealing with foreign laws, fluctuating exchange rates, etc., cross-border investment is expected to accelerate as domestic investors seek high returns abroad and foreign investors take advantage of a weakened dollar. The steadily rising influx of capital into U.S. markets and limited supply of product have altered the way the game is played. This Field Guide offers information and sources for those considering foreign investment opportunities. (D. Winchester, Information Specialist)
Contents:
Foreigners Investing in the U.S. | Investing in Foreign Markets | Useful Websites | Books & Other Resources
Top five U.S. cities attracting foreign investors' commercial real estate investment dollars
Washington, DC
New York City, NY
Los Angeles, CA
San Francisco, CA
San Deigo, CA
Source: Foreign investors have eye on San Diego and U.S., (Realty Times, Jan. 2006).
Foreigners Investing in the U.S. 
Big Apple bobs to top among foreign real estate investors, (New York Observer, Jan. 2007).
Foreign investment in the U.S. real estate, (Washington, DC: National Association of REALTORS® - Research, 2006).
Japanese returning to U.S. market, (Pensions & Investments, Aug. 2006). Q
South Korean cash flows into U.S. real estate; Residential properties are a hit as many see a stronger dollar boosting their holdings' value, (Wall Street Journal, July 2006). Q
US opportunity funds lure unlikely BackersWill Tishman et al. staunch the outflow of German real estate money, (The Investment Dealers' Digest, Apr. 2006). Q
Growth forecast clear for next three years, (Mortgage Banking, Apr. 2006). Q
Foreign investors have eye on San Diego and U.S., (RealtyTimes, Jan. 2006).
Trends of foreign investment in the American commercial real estate market, (Ezilon.com, Jan. 2006).
Foreign investment's flip side, (Washington Post, Feb. 2005).
Patriot Act and its impact on foreign investment in the United States, (AFIRE news, Mar./Apr. 2005).
Look who else is buying American, (Wall Street Journal, Aug. 2005). Q
Investing in Foreign Markets
Real estate finance: Asia market excites investors; Foreign investment surges in China and India as Europe gets more interest as well, (Wall Street Journal, Feb. 2007). Q
International investors broaden investment strategies, (AFIRE, Jan./Feb. 2007). Q
Doing business across borders, (Texas REALTOR®, Dec. 2006).
Investing in foreign real estate goes mainstream, (Kiplinger.com, Dec. 2006).
Real estate finance: Indian firms raise funds in Europe; Booming property market attracts foreign investors, but record is still uneven, (Wall Street Journal, Dec. 2006). Q
Foreign investment in real estate soars, (Chinadaily.com, Oct. 2006).
Investor talks turns to foreign markets, (Realty Times, Sept. 2006).
Politics & economics: China explains rules to temper foreign investment in property, (Wall Street Journal, Sept. 2006). Q
2 new twist to real estate investing, (MSN Money.com, Mar. 2006).
Middle-Easterners invest in U.S. real estate, (REALTOR® Magazine, Sept. 2005).
International real estate report, (REALTOR® Magazine, Aug. 2005).
Australia searches for gold in the U.S. commercial real estate, (Wall Street Journal, Aug. 2005). Q
Recap gains, (Institutional Investor, June 2005). Q
Foreign investment in U.S. real estate continues to rise, (National Real Estate Investor, May 1, 2005).
U.S. direct investment abroad: trends and current issues, (Congressional Research Service, Apr. 2005).
Useful Websites
Association of Foreign Investors in Real Estate, Provides relevant and accurate information of the U.S. economy
Bureau of Economic Analysis, Advocates and promotes international real estate investments. Provides an forum for investors to meet and exchange information through regularly scheduled meetings in the United States and Europe.
eBooks & Other Resources
eBooks.realtor.org
The following ebooks and digital audiobooks are available to NAR members:
International Real Estate Handbook (Adobe eReader)
No Going Back - Buying Abroad (Adobe eReader)
Books, Videos, Research Reports & More
The resources below are available for loan through Information Central. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Central at 800.874.6500 for assistance.
Investing in international real estate, (Westport, CT: Quorum Books, 2001). HG 4538 H58I
International real estate: comparative approach, (Chicago, IL: Dearborn Real Estate Education, 2004). HG 4538 L46
Foreign investment in U.S. real estate, (Chicago, IL: 1992). CT526
Long run implications of foreign investors in U.S. property markets, (Cambridge, MA: ,1991). HG 4538 M38L
Field Guides & More
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Field Guide to REALTORS® and the Global Marketplace
Field Guide to Marketing to the Hispanic Community
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The inclusion of links on this Field Guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked to this Field Guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

