A new study released by the National Association of Realtors suggested that CUs should consider marketing real estate they might hold on their books to buyers from overseas.
According to the "2011 Profile of International Home Buying Activity," total residential international sales in the U.S. for the past year ending March 2011 equaled $82 billion, up from $66 billion in 2010.
Total international sales were split evenly between nonresident buyers and recent immigrants, while combined total domestic and international existing-home sales in the U.S. were $1.07 trillion.
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