Russian billionaires invading u.s. Real estate market?

The Russians are coming.

The mass protests that have sent shock waves across Russia's political landscape over the last month appear to have fueled Russian activity in the U.S. luxury home market. The spike in interest builds on a trend that has steadily gained steam over the last few years.

The political turmoil in Russia, says Edward Mermelstein, an attorney and consultant who guides Russians through real estate transactions in the U.S., is "definitely" leading wealthy Russians to make purchases outside of a region that "is being perceived as to some degree tumultuous, whether it's political or economic."

Source: AOL Real Estate