The number of international real estate investors across the country has decreased, but Florida is still the top destination for international buyers, a report released today by the National Association of Realtors said.
Florida topped the list with nearly 26 percent of all international buys in the U.S.
In the 2007 survey, 32 percent of all U.S. brokers surveyed had an international client. But in the 2008 survey, only 26 percent of brokers had international clients.
“Foreign buyers – like U.S. buyers – may be waiting for home prices to continue to decline in order to purchase a property at a lower price,” the report said. “Some foreign buyers may be reticent to invest in a U.S. property until they are assured that their investment will “pay off.”
Brokers surveyed said that the weak dollar was a big factor in foreign sales purchases, but noted other conditions like property taxes and immigration rules as contentious.
The top six countries of origin for foreign buyers were Canada, the United Kingdom, Mexico, China, India, and Germany. Nearly a quarter of all international buyers were Canadian, doubled from the previous year.
Canadian, Mexican, European and Latin American buyers all favored Florida as their top choice for U.S. purchases. Florida came in second for Asian buyers, who favored California above the Sunshine State.
Fewer Europeans were investing in U.S. real estate this year, the report shows, but more Canadians, Mexicans, and Africans were buying properties compared to last year’s survey.
Most international investors purchased single-family homes, though 19.2 percent of sales were apartments.
Nearly half of all international buys were in the South, while 30 percent were in the West.
International investors spent a median of about $300,000 on real estate investments. Buyers from China had the highest median of property sales at $450,000.
The 2007 survey used data from April 2006 to April 2007, while the 2008 survey used data from May 2007 to May 2008. The survey drew from about 4,000 responses from registered brokers.
April 14, 2013 at 4:17 pm, Carmicheal Jits said:
The Ships’s Voyages…
I think technological know-how just makes it even worse. Now there’s a channel to never care, now there wouldn’t be considered a chance for them to find out….
April 17, 2013 at 10:03 pm, condo abac bangna said:
this was…
Superb details could be identified on this web website….
April 19, 2013 at 2:21 am, http://higaku25.pen.io said:
…
[...]one of our visitors just lately suggested the following website[...]…
April 19, 2013 at 7:12 pm, read more said:
read more…
http://www.itesttrackbacks.com…
April 20, 2013 at 12:14 am, MBT Shoes said:
cheap christian louboutin shoes for sale…
I am really impressed with your writing skills as well as with the layout on your weblog. Is this a paid theme or did you customize it yourself? Anyway keep up the nice quality writing, it is rare to see a nice blog like this one nowadays…..
April 21, 2013 at 11:10 am, Rosetta Stone Discount said:
cheap christian louboutin shoes for men…
hey there and thank you for your info ?I抳e definitely picked up anything new from right here. I did however expertise a few technical points using this website, as I experienced to reload the website lots of times previous to I could get it to load cor…
April 23, 2013 at 6:42 am, click here said:
…
[...]very couple of web sites that transpire to become in depth below, from our point of view are undoubtedly properly worth checking out[...]…
April 24, 2013 at 5:03 pm, buy clomid said:
…
[...]Wonderful story, reckoned we could combine several unrelated information, nonetheless truly really worth taking a search, whoa did one understand about Mid East has got a lot more problerms too [...]…
April 25, 2013 at 1:18 am, Dental implants dublin said:
like a alternative interesting…
whoah this site page is excellent i’m interested in reading your articles articles content articles. Maintain the great function! People determine, many individuals are often finest around by using this info, it’s possible you’ll help the majority o…
April 25, 2013 at 3:13 am, ofis kirtasiye said:
breath-taking generating…
Just right via this write-up, I really think the first webpage wants far much more concern. I’ll perhaps frequently be once more you should learn way much more, cheers the crazy items that info….
April 25, 2013 at 8:03 pm, buy champix said:
…
[...]Sites of interest we have a link to[...]…
April 26, 2013 at 8:15 pm, bike racks for cars said:
Jarvis Cuaresma…
Jarvis Cuaresma…
April 27, 2013 at 6:34 am, buy synthroid said:
…
[...]Here is a great Weblog You may Discover Intriguing that we Encourage You[...]…
April 27, 2013 at 11:26 pm, go here said:
great…
As I web-site possessor I believe the content material here is rattling wonderful , appreciate it for your efforts. You should keep it up forever! Best of luck….
April 28, 2013 at 6:50 am, ecommerce web design said:
ecommerce web design…
[...]very few sites that occur to become detailed below, from our point of view are undoubtedly well worth checking out[...]…
April 28, 2013 at 11:41 am, beats by dre said:
Dreary Day…
It was a dreary day here yesterday, so I just took to messing around on the internet and realized…
April 28, 2013 at 11:41 am, vacuum furnace said:
OK…
F*ckin’ tremendous things here. I’m very glad to see your post. Thanks a lot and i am looking forward to contact you. Will you please drop me a mail?…
April 29, 2013 at 4:58 am, As in well-nigh over-the-counter industries, the cookware industry are constantly coming out with new lines and innovations said:
I think, that you commit an error. I can prove it. Write to me in PM, we will discuss….
I suggest you to visit a site on which there are many articles on this question….
April 30, 2013 at 9:47 pm, (source) said:
The Silent Shard…
This will almost certainly be quite valuable for many within your job opportunities I decide to don’t only with my weblog but…
April 30, 2013 at 10:44 pm, beast 123 said:
[...]that {is the|will be the|may be the|could be the|would be the} {end|finish} of this {article|write-up|post|report}. {Here|Right here} {you’ll|you will} {find|discover|locate|uncover|come across|obtain} some {sites|websites|web sites|internet sit…
[...]Every the moment in a even though we decide on blogs that we study. Listed below are the newest internet sites that we choose [...]…
May 01, 2013 at 5:17 pm, Benny Peake said:
truly fascinating…
Say because of someone concerning this kind of suggestions. A vitally essential requirement I ought every single child also feel is undoubtedly which bank bank cards supplying virtually any kind of 0% attention usually lure buyers together with no inte…
May 03, 2013 at 7:08 pm, aquaphor said:
through which consequently high quality designed item….
The day occasion, though When i were within the work, the nephew required the initial iphone together with tried to discover when it may perhaps take through some type of 25 feet. close in purchase to diminished, simply just thereby your companion some…
May 04, 2013 at 9:23 am, maidstone driving schools said:
driving schools maidstone…
A School of motoring is undoubtedly an at home operated business supplying prime quality driving tuition in in addition to about Maidstone, Sevenoaks, Tunbridge Water bores, Sittingbourne, Chatham, Gillingham & Western side Giving….
May 04, 2013 at 4:46 pm, 罗塞塔官方 said:
mbt mens kabisa 11…
I enjoy the efforts you have put in this, thank you for all the great content….
May 05, 2013 at 12:28 am, [read] said:
Thorn of Girl…
Superb info might be identified on this website website….
May 06, 2013 at 12:33 am, site said:
The Silent Shard…
This could most likely be really handy for many within your work opportunities I plan to never only with my weblog but…
May 08, 2013 at 10:16 am, luminess air groupon said:
The Silent Shard…
This may possibly be rather helpful for some of your positions I decide to don’t only with my blog site but…
May 09, 2013 at 3:07 am, iphone 4S screen repair said:
smashed iphone 5 screen melbourne…
iPhone repair services were made to assist you service ones ipod touch the mulch can become vacations or even failures….
May 13, 2013 at 11:38 am, dental implants said:
Check this out…
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]……
May 16, 2013 at 6:58 am, blog mode said:
Yahoo results…
While browsing Yahoo I discovered this page in the results and I didn’t think it fit…
May 17, 2013 at 8:55 pm, Online Casino said:
The Silent Shard…
This will likely probably be pretty valuable for some of the work I want to do not only with my web site but…
May 20, 2013 at 8:50 am, zasłonka prysznicowa said:
nice…
I have been exploring for a little bit for any high quality articles or weblog posts on this sort of house . Exploring in Yahoo I at last stumbled upon this site. Reading this information So i am happy to express that I\’ve a very just right uncanny …