With the dollar at historic lows against the euro and other currencies, real estate professionals, appraisers, and developers say overseas buyers are stepping up their purchases in the U.S.
Some are buying vacation homes in Florida, California, and Colorado that would previously been consisered out of reach.
Others are gambling that properties purchased now will translate into saavy investments down the road, when both the dollar and the US housing market rebound, according to the Wall Street Journal.

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