Foreigners snap up record number of US homes
- Foreign buyers closed on $153 billion worth of U.S. residential properties for the 12 months ended in March.
- That marks a 49 percent jump from 2015-2016, according to the National Association of Realtors.
- Florida, Texas and California drew the most international buyers.
You can read the rest @
http://www.cnbc.com/2017/07/18/foreigners-snap-up-record-number-of-us-homes.html
Hint - they can do this because they have money, while many of us are broke.
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