Where Overseas Buyers Search for American Homes

June 17, 2011 1:30pm by Barry Ritholtz

Last year, international buyers spent a whopping $41 billion to purchase US residential Real Estate. Some of this is attributable to the weak American Peso, but lower US RRE prices relative to European counterparts are also a factor.

Via Trulia, we can see the fascinating data flow of what overseas home buyers are looking at homes in which states. The global house hunters might surprise you.

click for interactive graphic

Source: Trulia Insigths, American-Hotspots

Hat tip (Flowing Data)

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