With interest rates at an all time low and favourable exchange rates between the Euro (or the British Pound) and the dollar; this is an advantage to the out-of-country investor. The similarity between the justice system and the safety of an area such as Maggie Valley adds to the appeal.
Investors see opportunities available here in the States at this time. Vacation rentals provide a source of income and the opportunity for the owners to come and visit over the years and stay in their own home. UK buyers enjoy the quality of life here.
They appreciate the affordability index in both the purchase of the home as well as the furniture and accessories. Everything is more affordable from entertainment, food and gas to clothing and luxury items such as computers and I-pods. This is the good life!