Texas is a popular state for international home buyers, according to the report

Home prices continue to rise in Austin as fewer homes are available for buyers

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AUSTIN (Austin Business Journal) – International home buyers accounted for $ 4.9 billion in home sales in Texas between April 2020 and March 2021, making the state the third most popular destination for homebuyers. of homes outside the United States, according to a new Texas Realtors report.

Texas has been ranked No. 3 since 2018.

Across the state, buyers from outside the United States bought about 10,000 homes last year. Only Florida and California were more popular destinations for buying homes.

Latin America and the Caribbean accounted for most of 42% of international home purchases in Texas over the past year. Almost a third came from Asia.

Read more in the Austin Business Journal.

Credit – https://www.kxan.com/news/texas/report-texas-is-third-most-popular-state-for-international-homebuyers/