Not surprisingly, Dallas sits in the bull’s-eye for foreign real estate investors targeting the United States.
In a recent survey released by AFIRE, an industry group for real estate investors, foreign real estate investors favored Dallas over nearly any other U.S. city for buying property in 2021; it lands at No. 3.
Boston ranked second, with Texas neighbor Austin in first place. (Houston tied for No. 14, and San Antonio tied for No. 15.)
Dallas moved ahead several places from its No. 7 ranking on last year’s AFIRE list of the most favored U.S. markets for commercial real estate investment, while Austin wound up No. 10 in 2020, Houston tied for No. 12, and San Antonio was unranked.
“The 2021 survey, conducted in March 2021 and underwritten by Holland Partner Group, reflects investor sentiment and was designed to help understand the goals, challenges, and impacts of international investments on U.S. real estate opportunities,” the report says.
