Texas Tops List for International Home Purchases!

Texas = 10% of all U.S. international home purchases last year
U.S. foreign buyers spent $56B, ↑33% YoY; 78,100 properties bought, ↑44% YoY
Texas is #3 state for international transactions; median price hit $494,400 (record high)
44% of Texas foreign buyers from Latin America/Caribbean; 40% of Mexican buyers chose Texas
International buyers paid cash more often (47% vs 28%); drawn by U.S. property rights