Foreign Buyers, Who Nearly Disappeared During Covid, Finally Return to the U.S. Housing Market

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Foreign Buyers, Who Nearly Disappeared During Covid, Finally Return to the U.S. Housing Market
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A drop in Covid restrictions in countries like China, political-economic shifts like the Russia-Ukraine war and election tumult in Brazil have led to an acceleration of foreign buyers purchasing homes in the U.S.

Real-estate agents say they’ve seen an acceleration in purchases by overseas buyers amid looser Covid restrictions and political-economic shifts abroad

Alice-Christine Merenda and her family have been scouting homes in the Boynton Beach and Boca Raton areas of Florida.Alice-Christine Merenda and her family, who live in Munich, Germany, had been thinking of moving to the U.S. for years. A professional translator and interpreter, she said she and her husband, Stefano Merenda, wanted to raise their four children bilingually and admired the freedoms U.S. citizens had amid the Covid onslaught, when Germans were completely confined to their homes.

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