The DFW Real Estate Market Continues To Attract International Buyers
Posted On 10:03 pm
It’s no surprise that recent statistics have shown that the DFW Real Estate market has continued to attract International Buyers because priced in the Dallas Real Estate market are more affordable than they are in other cities nationwide.
A deal is still a deal in 2019-2020 and the DFW real estate market is attracting investors from as far away as China and Japan who are looking for the perfect real estate investment opportunities.
A Hot Real Estate Market
Compared with other states, the Texas real estate market has continued to remain a hot destination for home buyers worldwide.
The Texas Association of Realtors’ 2019 Texas International Homebuyers Report reveals that 18,310 Texas homes were sold to international buyers between April 2018 and March 2019, totaling $7.8 billion in sales. That accounts for 10 percent of all U.S. homes sold to foreign buyers, trailing only Florida (20 percent) and California (12 percent).
While $7.8 billion is a lot of money, it’s the state’s lowest haul from this group of buyers in six years, according to the association. From April 2017 to March 2018, international buyers spent $10.89 billion on 24,012 Texas homes. The previous year, they spent a staggering $18.66 billion on 34,135 Texas homes.
Search For Homes in Dallas
To search for homes in the DFW Real Estate market, or to speak with me about selling your home, contact me today by calling (972) 523-1389 or click here to connect with me online.