Foreign Real Estate Investors in the US
In recent times, the U.S. housing market has witnessed a significant downturn in sales to foreign buyers, hitting the lowest level since 2009. According to the National Association of Realtors (NAR), only 54,300 previously occupied U.S. homes were purchased by non-U.S. citizens in the 12 months ending in March 2024. This represents a sharp 36% decline compared to the same period the previous year. The…
