International Home Buying Activity 2012
Home sales in the United States to foreign buyers are growing, thanks to favorable exchange rates, low prices, and the desire to own in the U.S.
In this video, NAR Chief of Quantitative Analysis Jed Smith talks about the latest report on international sales, which shows that working with foreign buyers is becoming more and more important to REALTORS®' businesses. Jed says, "It's an increasingly significant market, particularly to REALTORS® who are selling in states such as California, Texas, Florida, Arizona, however, most states around the country do get some international customers."
Read the press release.
See highlights from the Profile of International Home Buyers Activity 2012 report.
Read the full report.