In one particular 12 months, foreign consumers used $800M on Austin-place households

Worldwide homebuyers invested $800 million on Austin-spot residential houses in between April 2019 and this March, in accordance to a new report from the Austin Board of Realtors.

This inaugural Central Texas Intercontinental Homebuyers Report was dependent on a study of Central Texas realtors done with the Nationwide Association of Realtors.

The report arrives as the five-county Central Texas region proceeds to see profits and median house-sales selling prices soar, normally to record amounts. Spanning Georgetown to San Marcos, the Austin region progressively has turn into an interesting vacation spot for businesses, workforce expertise, university learners, and folks from across the planet seeking for new options and a large good quality of daily life.

“The Central Texas location has become a magnet for homebuyers and serious estate investors from all-around the globe,” claimed Romeo Manzanilla, president of the Austin Board of Realtors.