Published by Zeb BhamMore people could consider investing in a foreign mortgage for a home in the US after an expert claimed home prices there are set to stabilise.Nicholas Marr, chief executive officer at homesgofast.com, said he is confident that this year will see the US property market bottom out with price rises set to follow.His comments follow the release of figures from the US department of commerce which showed a 4.3 per cent drop in privately-owned housing starts during December when compared to November levels.Mr Marr conceded that these figures were disappointing, but suggested they were not indicative of the entire market."The US housing market has taken a severe battering and recovery is not going to be overnight," Mr Marr said, adding that a "gradual recovery of the market" could be seen over the coming year.In particular, Florida could see increased sales this year, the expert suggested, noting that growth has already been recorded by realtors in the state.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site