I hope that no one is planning on buying any real estate in Europe soon. The dollar has hit a fifteen month low and the Euro is hitting heights that haven't been seen in a year. For our European friends, now is the time to buy buy buy in the United States. With a depressed housing market and low dollar value, now is the time for foreign investors to buy.
http://www.bloomberg.com/news/2011-04-20/dollar-near-15-month-low-versus-euro-on-global-growth-optimism.html
The good thing is that we are seeing a stronger Euro, which bodes well for the global economy.
Here's one glad man who is glad he did his European travel last year. The same trip that was taken nearly a year ago would now be several hundred dollars more expensive.
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