Realtor group rolls out international listings site

The National Association of Realtors launched an international website that features residential real estate listings from Brazil, Bulgaria, Croatia, France, Italy, Portugal, Romania, Serbia, Slovakia and Spain.

The new NAR website, to be promoted at the trade group’s annual convention November 10-14 in Anaheim, delivers translation options in 11 languages and features currency and dimension converters.

NAR reported that foreigners buying real estate in the U.S. also remains popular as a weak dollar coupled with depressed home prices has made U.S. an attractive destination for foreigners to buy homes.

“Increasingly, more and more Realtors are working with international clients who want to buy property in the U.S.,” said Ron Phipps, NAR president.

Foreign buyer activity for the 12 months that ended March 31 was $30 billion, NAR reported.