Foreign Interest in Chicagoland Housing Relatively Low

by Peter Thomas Ricci

Though foreign interest in U.S. real estate remains high, it’s much stronger in certain metro areas than here at home.

International homebuyers have been one of the major narratives of the post-bubble housing market here in the U.S., with consumers from Europe, Asia and South America flocking to distinct marketplaces to buy property on the cheap.

What U.S. housing markets, though, continue to command the most interest from foreign consumers? Some new data from Trulia provides some interesting answers to that question. Looking at home-search trends through May, Trulia decoded what markets receive the highest share of foreign searches, relative to their overall searches.

See our graph below for the findings:

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