foreign buyers Archive

More Foreign Buyers Purchased in Cities/Suburbs Than in Resort Areas

An increasing share of foreign buyers[1] are purchasing property in a central city/suburban area, while fewer foreign buyers are purchasing property in a resort area, according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real...

Foreign Buyers Typically Spent 30 Percent More Than Domestic Buyers

Foreign buyers, typically purchased properties that are more expensive than properties purchased by domestic buyers, according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real Estate.[1] Among foreign buyers who purchased property in April 2016–March...

Florida, Texas, and California: Top State Destinations Among Foreign Buyers in April 2016–March 2017

Five states accounted for slightly more than half of all foreign buyers who purchased U.S. residential property in April 2016–March 2017: Florida (22 percent), Texas (12 percent), California (12 percent), New Jersey (four percent) and Arizona (four percent), according...

Chinese, Canadians, and Mexicans: Top Foreign Buyers in April 2016–March 2017

Despite the slowdown in Chinese economic growth and tighter regulations on outflows of foreign exchange, Chinese foreign buyers remained as the top foreign buyer of U.S. residential property, according to NAR’s recently released 2017 Profile of International Activity in...

Foreign Buyer Residential Purchases Rose to $153B in April 2016–March 2017

Foreign buyers purchased $153 billion of U.S. residential property in April 2016–March 2017[1], an increase from the $102.6 billion of property purchased in the previous 12-month period, according to NAR’s recently released 2017 Profile of International Activity in U.S....