Is the U.S.A the next hot overseas property market for U.K investors?

With the dollar at $2.11 to the pound, if you already own property in the US, you have just seen the value in pounds drop by over ten percent this year alone. On the other hand, if you do not own property in the US, it is now 10% cheaper.

With US construction companies offering substantial discounts, particularly in markets traditionally bought into by Brits, such as Las Vegas and Florida, the opportunity to pick up a bargain seems too good to miss at the moment. KB homes in Las Vegas, for instance, are selling at 20% or $50,000 discounts. Read the rest.