Foreign Buyers Flock to Sun and Sand States
Buying a HomeU.S. housing prices are starting to creep up from the rock-bottom levels of recent years, which is prompting foreign buyers to invest now before the bargains disappear. Traditional favorites, such as Florida, Arizona, Texas, and Southern California, stand to benefit most as they scoop up the deals still remaining in those preferred destinations. Canadians — accounting for nearly a quarter of home sales to foreign buyers in the 12 months ended in March, according to the National Association of REALTORS® — will likely continue to lead outside investment in the […]