National Association of Realtors managing director for Quantitative Research Jed Smith takes a careful look at the $92.2 billion of U.S. home purchases by foreign buyers in the 12 months ending March 2014. The sales split approximately 50/50 between resident and non-resident foreigners. Here’s Wall Street Journal staffer Nick Timiraos’ take on it.
International Buyers of U.S. Homes Represent 7% of Resales
TJ Doyle
