Nationwide, the highest rate of internet traffic from international home shoppers was in Miami at 8.4%, followed by New York at 5.6%, Los Angeles at 4.8% and Orlando, Florida at 2.7%.

International transactions increased 9% year over year, with 7,500 purchases made by foreign homebuyers.

Texas transactions made up 10% of all international home purchases this past year, according to a report from the National Association of REALTORS®.

The new master franchise will be led by regional operating principal Rodrigo Garcia, a former RE/MAX director and broker. 

Nearly half of the purchases — 49% — were made in cash.

The new franchise will be the brokerage’s 16th in Europe as it pursues other expansion opportunities around the world. 

Foreign buyers accounted for less than 2% of U.S. residential real estate transactions last year, and Russian buyers accounted for less than 1% of those, the National Association of REALTORS® reported. 

The National Association of REALTORS® released an official statement this week regarding Russia’s invasion of Ukraine.

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

@properties is continuing its expansion strategy on an international scale, announcing today its plan to purchase Christie’s International Real Estate.