From April 2021-March 2022, foreign buyers spent $59 BILLION on residential properties in the United States! The top five foreign buyers were China at $6.1B, Canada at $5.5B, India at $3.6B, Mexico at $2.9B, and Brazil at $1.6B. You can find more information from the National Association of REALTORS® here: International Transactions in U.S. Residential Real Estate and Commercial Real Estate International Business Trends.
Global real estate opportunities are everywhere. People move to the U.S. from other countries. Foreign-born individuals residing in the U.S. move to new areas, or purchase their first home. Many native-born Americans are interested in purchasing a rental property overseas, or may want to retire overseas. No matter which market you are serving, NAR’s Certified International Property Specialist (CIPS) designation will provide you with the knowledge, research, network and tools to globalize and expand your business.
If you want to take your business to the next level, please join the Maryland REALTORS® Global Business Committee at the next CIPS Institute! All classes are held 9:00 a.m. - 5:00 p.m for each session.