Here Come the International Buyers
✉️ Want to forward this article? Click here.
Foreign home buyers propped up a number of local housing markets in 2011.
A recent report from the National Association of Realtors (NAR) revealed that international buyers spent $82.5 billion in the U.S. housing market in 2011, which accounted for 9 percent of the total sales volume ($930 billion). The $82.5 billion number represented a 25 percent increase over 2010.
So, who is buying and where? The Canadians, Chinese, Mexicans and Britons were in the top four, and the most popular states for international buyers were Arizona, California, Florida and Texas.
For the full NAR report, click here.
See other articles related to: foreign investors, national association of realtors
This article originally published at https://dc.urbanturf.com/articles/blog/here_come_the_international_buyers/5706.
Most Popular... This Week • Last 30 Days • Ever
With a big snowstorm hitting the region, these tips are important for homeowners to k... read »
Today, UrbanTurf offers a brief explanation of what it means to lock in an interest r... read »
Title insurance is a form of insurance that protects against financial loss from defe... read »
Plans for a new 18-story apartment building have been pitched for the site of the Arl... read »
The concept is describing itself as similar to Union Market, but smaller.... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro