Tag Archives: Foreign Buyers Losing Interest in U.S. Real Estate?

The number of international buyers conducting home searches for U.S. properties has fallen nearly 10 percent in the last year, Trulia reports in its International House Hunter Report, which covers the period of April 1 to June 30. The report suggests that rising U.S. asking prices are cooling international interest. The metro areas where prices have risen the fastest are where foreign-based housing searches have dropped the most too, according to Trulia’s report. ”Foreigners attracted to real estate bargains get turned off when prices increase,” says Jed Kolko, Trulia’s chief […]