That’s our money being repatriated.
There were 34,135 international home sales in Texas between April 2016 and March 2017,
a 59 percent increase from the same time frame last year and 12 percent of the 284,455
international home sales nationwide. Second only to Florida, Texas joined California,
New Jersey and Arizona as the most popular states for international homebuyers. The
sales dollar volume of $18.66 billion from foreign home sales in Texas during this time
frame is almost double from last year’s report.