🚨 Foreigners just spent $56B on U.S. real estate, the biggest jump in 8 years.
👉 Nearly 80,000 homes.
👉 Almost half bought in cash.
👉 Average price: $494,000.
So here’s the question: should foreign buyers be restricted from owning homes here?
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate