Weak Dollar Boosts Int'l Interest in U.S. RE

The current weakness of the dollar against foreign currencies has contributed to a record amount of international interest in U.S. real estate, according to online property auction firm FastHomeAuction.com, Tampa, Fla.The online firm said buyers appear to be particularly interested in the Sunbelt area. "We’re seeing investors from all over, especially France, Germany and Belgium, as well as from the United Kingdom, Canada, and Australia," said Jim Case, chief executive officer of the company.