Credit Sesame Daily

Browse Categories

Where Are Foreigners Buying Real Estate in the United States

Many Americans consider homeownership a key stepping stone to achieving the “American dream.” But no societal group values homeownership more than foreign-born U.S. residents: those who have come to the country to seek a better life, an American dream of their own. Consider this: nearly 80% of foreign-born U.S. residents owned a home in 2009, according to the National Association of Realtors. The national homeownership rate at that time was 65.4% (it is currently 66.3%).

With that in mind, we set out to find the makeup of each state (i.e. where do its foreign-born residents come from?), and which states are most popular among foreign homebuyers and investors. (Note that these stats refer to the overall population, not homeowners alone.)


Use CreditSesame.com to find the best mortgage rates based upon your complete financial profile!

« Previous Post Stop Focusing on Bank Fees, Start Focusing on Interest Rates
Next Post » When Should You Refinance Your Home?

Related Blog Posts

HAWK Program Helps First-Time Homebuyers Save on Mortgage Costs
Are You Missing Out on the Wealth-Building Powers of a Mortgage?
6 Mortgage Terms Every New Home Buyer Should Know
5 Great Tax Breaks for Homeowners
Links We Love: 10 Golden Rules of Retiring Rich

More Like This

, , ,

Discuss