Price drops in property for sale in the US could make the country "one of the best buyers' markets in recent history", according to an expert.
Clare Nessling, a director at overseas mortgage firm Conti, said that the cost of a home across the Atlantic Ocean is now around half what it was five years ago.
Ms Nessling went on to explain that despite the drop in price, strict lending policies could stop some borrowers from taking advantage.
"There's no doubt that the mortgage market has changed significantly over recent years in the USA and that financing the purchase of a property there is not as easy as it used to be, but it's certainly not impossible, especially if you have a healthy deposit to put down," she advised.
Her words came after Annette Reeve, director at Mayfair International Realty, said that things are "picking up" in the US, with the attitude being people are fed up of sitting on their hands and that "life has to go on" following the financial crisis.
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