Big Drop In U.S. International Home Buyers!

Posted: July 9, 2020 | Source: www.realtor.com

As a result of a strong dollar, weak foreign currencies, coronavirus and politics, foreign home buying in the U.S. has dropped dramatically. Florida, California and Texas are especially hard hit as these states account for the majority of international sales. U.S. international purchases peaked at $153 billion in 2017.