America's Real Estate down Ireland says it is an Excellent Time to Buy Irish Property.

A Boston Ireland's housing bust makes America's real estate downturn look like a St. Patrick's Day parade potentially creating great buying opportunities for Americans willing to test the country's real estate sector.

The Emerald Isle's real estate prices have certainly tumbled since Ireland's hyperinflated property market peaked around 2006 in Official government statistics show housing prices have fallen around 47% market watchers say big "trophy homes" built during the boom in basically Irish version of America's McMansions to have lost as much as 80% of their value.

A apartments and vacation homes need to be approached with care especially in areas affected by emigration and crime and in provincial towns," he says americans generally like Ireland's old historic homes," says McMahon, who lives in Ireland himself to "Quite a few American celebrities discreetly have homes to that prices are falling, more Americans to mostly with Irish ancestry are looking."