Everyday, whether nationally or locally, there is an article in a newspaper about real estate. Terms like short sales are used regularly. However negative the press can be, there is always an opportunity for someone. Recent articles have illustrated how foreign investors have scooped up real estate in the past year particularly in both New York and Florida. This buying spree illustrates the long-term view that foreigners have in American real estate. With pricing at least 30% off their highs according to some calculations, the volatility of the stock market, and the weakened dollar, the timing is ripe for purchase. Real estate has returned back to the basics where location determines the price. With the number of houses available and interest rates at record lows, historically, this may be one of the most opportune times to purchase real estate.