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International homebuyers purchased nearly 10,000 homes in Texas from April 2020 to March 2021, representing $4.9 billion in sales, according to the Texas International Homebuyers Report released Septmeber 3rd by Texas REALTORS®.

Texas is third most popular state for international homebuyers – Texas REALTORS® International homebuyers purchased nearly 10,000 homes in Texas from April 2020 to March 2021, representing $4.9 billion in sales, according to the Texas International Homebuyers Report released today by Texas REALTORS®.

“With inflation a simmering concern, when mortgage rates do begin to move, they will most likely move higher,” said Danielle Hale, chief economist at Realtor.com. “For homebuyers and refinancers alike, mortgage rates remain favorable, but may not remain so for long.”

Mortgage Rates Remain Near Record Lows—So Why Are Buyer Applications Falling? Interest rates have barely budged in recent weeks, extending the opportunity for home buyers to lock in cheap financing.