Purchases by foreign buyers who lived in the US plunged by 77% from the peak to 37,600 homes (dotted blue line). Purchases by foreign buyers who lived overseas plunged by 75% from the peak to 29,500 (double green line). The record low in the annual reports on foreign buyers by the National Association of Realtors, going back to 2009, occurred in 2024. Foreign buyers are concentrated in a subset of markets in the US, where they can play a substantial role. By market, the biggest three states accounted for about 50% of the foreign purchases: Florida remained #1 with a share of 20% of foreign purchases.