Overseas buys of U.S. homes jump 35%

25 Jul 2014

Investors, consumers,  transferred business people and parents of college students from Canada, China, the U.K. Mexico and India primarily, are buying a record amount of U.S. property, according to ListHub and the National Association of Realtors.  The 2013 spend was $92.2 billion, up 35 percent year-over-year.

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.