International Buyers Purchased $4 Billion in Texas Homes
The number of purchases rose even as dollar volume and median price declined
More homes purchased but a lower overall dollar volume reflects a lower median price. International buyers accounted for 2.3% of all
Median price declined but stayed above the statewide figure
The
Thirty-five percent of all international buyers of
Most buyers were residents purchasing a home to live in
Sixty-two percent of international buyers were residents living in the
Hurdles for those who did not buy include cost, selection, and immigration laws
Among clients who did not ultimately buy, the reasons most often cited were an inability to find a suitable property, the cost of property, and immigration laws, each at 27%. Last year's top reasons an international client didn't purchase were finding a suitable property (28%), cost (23%), and inability to obtain financing (19%).
Realtors can help buyers from around the world
"The relative affordability in
About Texas REALTORS®
With more than 145,000 members, Texas REALTORS® is a professional membership organization that represents all aspects of real estate in
About the Texas International Residential Transactions Report
The Texas REALTORS® International Residential Transactions Report is designed to gather information about international residential real estate transactions of Texas REALTORS® members during a one-year period that ends in March each year. Survey research was provided by the National Association of REALTORS® Research Group.
CONTACT
David Gibbs
Hahn Agency
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/international-buyers-purchased-4-billion-in-texas-homes-302844284.html
SOURCE Texas Realtors
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Clean electricity supplied 40% of new energy demand in 2025. Faster deployment and sectoral breakthroughs can cut emissions permanently, says annual Energy Transition Monitor
- Adecoagro Completes Acquisition of Caarapó Mill and Integrates It Into Its Cluster in Mato Grosso do Sul
- Fly-E Group, Inc. Announces First Quarter of Fiscal Year 2027 Financial Results
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share