Foreign Buyers are buying fewer homes.
According to the National Association of Realtors, foreign buyers have purchased 14% fewer homes than the year before. Well, that has been the case since 2017. In 2017, foreign buyers bought $153 Billion worth of US real estate. By 2019 pre-pandemic, it was down to $78 Billion. In 2022 it was $59 Billion. Also important, …