International Homebuyers Add $11 Billion to Texas Economy in 12 MonthsAUSTIN (Texas Association of Realtors) – Texas home sales to international homebuyers contributed just over $11 billion to the state's economy between March 2013 and March 2014 and rose to their highest level in five years, according to the 2014 Texas International Homebuyers Report released today by the Texas Association of Realtors (TAR).
International homebuyers accounted for 7 percent of total U.S. home sales, totaling $92.2 billion in sales volume. Twelve percent of this originated from Texas, ranking the Lone Star State the third largest state for international home sales.
According to the report, naturalized U.S. citizens in Texas are almost 12 percent more likely to own a home than their native counterparts. More than 75 percent of naturalized U.S. citizens in Texas are homeowners compared with only 63.5 percent of native Texans.
More than half of all international homebuyers in Texas are from Latin America or the Caribbean.
Texas continues to be a hub for immigration to the United States, says TAR. The Lone Star State is home to the third largest immigrant population and ranks seventh in the nation for percentage of foreign-born residents among the statewide population. In addition, six of the top 50 metro areas for immigration in the United States are in Texas.
Author:Amber L Johnson Phone: 972-755-9255 Dated: September 4th 2014 Views: 613 About Amber: Amber Johnson was born and raised in North Carolina, where she attended Wake Forest University and a...
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
General Inquiries: firstname.lastname@example.org
Office Number: 1 (800) 683-5651
Texas Real Estate Commission Consumer Protection Notice
"I am writing to share what a wonderful experience I had working with the realtors Leanna and Jayson David. On several occasions they helped me. They sold my mother's house and several years later they sold my home. Then helped with the purchase of my new home.
They are very kind and caring realtors that go out of their way to help in whatever needs to be done to accommodate their clients. I would highly recommend them, they are the best.