For foreign buyers, fire sale in U.S. real estate - MarketWatch

In this commentary by Kathleen Madigan, the foreign buyer's perspective on US real estate, including a link to the National Association of Realtors' take on the matter.  Foreign demand is another source of support for real estate prices in the States, and another reason we won't see further decline in the prices of homes in desirable locations.

This is not to support our government's ongoing devaluation of the dollar, but it is an example of how world markets can offset the effects of our own missteps. - David