Immigration’s Affect on the Housing Market
Posted by Florida Realty Marketplace on
Immigration’s affect on the housing market
Every year, the United State’s real estate market is becoming more culturally diverse. According to Alex Nowrasteh, immigration policy analyst from the Center for Global Liberty and Prosperity, stemming from immigration, the interest from foreigners alone will strengthen home sales activity and price. The National Association of Realtor’s (NAR) Danielle Hale, managing Director of housing research, was joined by Nowrasteh at the 2017 Realtors Legislative Meetings and Trade Expo to discuss the current and future impact foreign buyers have on the U.S. Housing Market.
According to Nowrasteh and the 2015 American Community Survey, of the roughly 321.4 million residents in the U.S., 278.1 million are native, and…
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