The trend of international buyers purchasing homes in Texas shows no signs of slowing down, as revealed in the latest Texas International Homebuyers Report.
Released Sept. 6 by Texas Realtors, the report shows that the Lone Star State remains the No. 3 hottest U.S. destination for international homebuyers. Texas ranks behind Florida and California for the fourth consecutive year.
International buyers spent $4.3 billion on these Texas homes during the time period, the report says. Nearly half of buyers avoided the need for a mortgage by paying for their homes in all-cash.
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