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Modern Land Grab: Where & Why Are Foreigners Buying U.S. Real Estate?

Forget about the double-dip in housing prices and the fact that our homes are now worth what they were back in 2002. Or maybe for those reasons exactly, foreign buyers are snatching up U.S. real estate. In fact, they bought nearly 8% of homes sold in the 12 months ending in March 2011, according to the National Association of Realtors. That may not sound like much, but is in fact worth $82 billion of the U.S. real estate market. Why do foreigners buy U.S. properties? How much do they spend? How do they finance those purchases? We’ve collected the answers in the infographic below.

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9 responses to “Modern Land Grab: Where & Why Are Foreigners Buying U.S. Real Estate?”

  1. […] The folks at Credit Sesame (“The new and easy way for you to manage your personal  credit online”) were curious where foreign buyers were, well, buying. So they did the research and found some interesting answers. […]

  2. pocketinfo.net@gmail.com'/ Robert says:

    What was the rate of foreign buyers in % terms back in 2002?
    Your current rate states 7.7% still quite low compared to some countries like Spain.

  3. jsheerwill@yahoo.com'/ Jacqueline Williamson says:

    Should US citizens be in a panic about this information? Why aren’t the members of the House and Congress showing any concern?

  4. […] clip below, from Debt Management – CreditSesame.com is a huge look at what they term as land grab int he US. The clip below shows only 20% of the full […]

  5. dollyvaughn@gmail.com'/ Dolly says:

    Excellent opportunity on Sunny Charleston, South Carolina

  6. […] graphic that lays out what is happening when it comes to foreign buying of U.S. houses – Modern Land Grab: Where & Why Are Foreigners Buying U.S. Real Estate? Foreign buyers spent $82 billion buying U.S. housing in the year leading up to March 2011.  That […]

  7. […] properties? How much do they spend? How do they finance those purchases? This infographic done with Credit Sesame, looks to answer those […]

  8. […] & Business, Real Estate Radar, VarietyThe creative team at Column Five Media together with Credit Sesame have joined their talented forces to visually show where foreigners are buying real estate in the […]

  9. […] do they spend? How do they finance those purchases? This Infographic done by Columnfivemedia with Credit Sesame, looks to answer those […]

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