According to the most recent Profile of International Home Buying Activity Report by The National Association of Realtors (NAR), international buyers are heavily concentrated in four states: Florida, California, Texas, and Arizona.
Florida accounts for 26% of international sales. These are sales measured in terms of transactions, and the percentage figure indicates that 26 percent of total international home sales in the U.S. to foreigners (not 26 percent of total U.S. home sales, and not 26 percent of Florida home sales) go to international clients in Florida.
Purchasers from South America frequently find Florida attractive and well as Canadians, who also tend to focus on Florida. There are a sizeable number of German speakers in Southwest Florida.
Canada, China, India, Mexico, Brazil, and the U.K. remain as the major sources of purchasers with Canadians, Brazilians and buyers from the U.K. topping off sales in Florida.
See the full report here!
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