Foreign buyers’ purchases of Texas homes rise 59%
Foreign home buyers are taking a big bite out of Texas’ hot housing markets. International buyers purchased 34,135 Texas homes during the year that ended with the first quarter, according to a new report by the Texas Association of Realtors. Offshore home buys in the Lone Star State added up to almost $18.7 billion during the 12-month period, according to the report. If your home is valued over $500,000 and you list your home with me, it will go on our global listings website to attract these international home buyers.
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