Foreign buyers remain absent from U.S. housing market – Robert Khodadadian

The share of U.S. homes purchased by foreign nationals — a potentially critical pool of buyers as rising interest rates threaten to slow domestic spending — has tumbled to a more than twelve-year low. Foreign nationals bought 98,600 properties from April 2021 through March 2022, according to the National Association of Realtors, an annual decrease of 8 percent and the lowest since the NAR began tracking such purchases in 2009. High home prices meant foreign

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Residential Real Estate The Real Deal New York Read More