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 Diana Olick  
  • The dollar volume of homes purchased by foreigners from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors.
  • Foreigners bought 183,100 properties with a total value of about $77.9 billion, down from 266,800 properties valued at $121 billion a year earlier.
  • “The magnitude of the decline is quite striking, implying less confidence in owning a property in the U.S.,” the Realtors’ chief economist says."

Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, caused a stunning drop in foreign demand for American homes.

The dollar volume of homes purchased by

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2300 Jefferson Ave NE #B109, Renton, Washington

$385,000 - 3 Beds 2½ Baths 1,454 Sqft                       

Text 1491851 to 425-223-4655 or call Keenan at 425-518-9094 for more information

This home is a beautiful and secluded corner unit with three bedrooms and three bathrooms. It has a lavish open layout packed full of new appliances, hardwood floors, and ample storage space. The kitchen has tons of counter space and excellent lighting.

The home backs up to a stunning view of the greenbelt and is accompanied on the side by a large private patio. In addition to this there is a detached garage pre-fitted with shelving. The home is in a secure gated community that provides additional parking spaces, a clubhouse, and an exercise

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