Mia Wilkinson, a transplanted Englishwoman who works for Rubloff Residential Properties in Chicago, deals often with British and other foreign executives transferred to the United States for a few years. "Before, people would stay in corporate rentals," she said. "But now these same people are turning around and buying properties."
Wilkinson, who has been in the United States for six years, has bought property in Chicago.
The expansion of foreign real estate investment also means that areas that once were not popular with international buyers are now receiving interest. Doug Aitkin, who works for North Carolina's World Trade Center, said the Research Triangle area, which includes the cities of Durham, Raleigh and Chapel Hill, is now getting inquiries from French and Scandinavian home buyers, a new phenomenon.
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