I thought this article from AP was great info real estate investors looking for buyers>|:
Associated Press
Florida’s beaches, like Key Biscayne, likely attracted international home buyers to the state. International home buyers are taking a shine to the Sunshine State.
After analyzing online searches by international users, the real-estate search engine Trulia.com found that Florida cities rank among their preferred U.S. destinations. But while Los Angeles and New York were predictably the top relocation sites, nine Florida cities cracked the top 23 list.
As U.S. housing prices continue to drop and the dollar remains weak, international buyers have snatched up homes across the state, everywhere from Cape Coral to Naples to Kissimmee. Across the U.S., foreign home buyers spent nearly $41 billion on U.S. residential real estate from March 2010 to March of this year.
“Homes in Florida are relatively cheap because of all of the foreclosures in the state,” said Daisy Kong, a spokeswoman for the San Francisco-based Trulia. “But it’s interesting that it’s not just places like Miami and Orlando generating interest. It’s also places like Fort Lauderdale and Cape Coral.” Trulia looked at a year’s worth of searches on its website by international users in 14 countries, ranking each country’s top five U.S. destinations.
At least one Florida city appeared in the top five searches of potential buyers from every country—except Mexico, China and India. To be sure, Florida has long attracted foreign home buyers. In May, the Miami Association of Realtors that nearly 60% of all sales last year throughout the area were to buyers from foreign countries.
Destinations in Florida are particularly popular for buyers from Sweden, Canada and Brazil. Ms. Kong says Trulia had expected New York to be the top destination of choice for international buyers. “It kind of surprised us that Los Angeles came in as the most popular destination,” she said. Trulia found that buyers in the United Kingdom are partial to California, with L.A., San Francisco and Beverly Hills among buyers...
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If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
I thought this article from AP was great info real estate investors looking for buyers>|:
Associated Press
Florida’s beaches, like Key Biscayne, likely attracted international home buyers to the state. International home buyers are taking a shine to the Sunshine State.
After analyzing online searches by international users, the real-estate search engine Trulia.com found that Florida cities rank among their preferred U.S. destinations. But while Los Angeles and New York were predictably the top relocation sites, nine Florida cities cracked the top 23 list.
As U.S. housing prices continue to drop and the dollar remains weak, international buyers have snatched up homes across the state, everywhere from Cape Coral to Naples to Kissimmee. Across the U.S., foreign home buyers spent nearly $41 billion on U.S. residential real estate from March 2010 to March of this year.
“Homes in Florida are relatively cheap because of all of the foreclosures in the state,” said Daisy Kong, a spokeswoman for the San Francisco-based Trulia. “But it’s interesting that it’s not just places like Miami and Orlando generating interest. It’s also places like Fort Lauderdale and Cape Coral.” Trulia looked at a year’s worth of searches on its website by international users in 14 countries, ranking each country’s top five U.S. destinations.
At least one Florida city appeared in the top five searches of potential buyers from every country—except Mexico, China and India. To be sure, Florida has long attracted foreign home buyers. In May, the Miami Association of Realtors that nearly 60% of all sales last year throughout the area were to buyers from foreign countries.
Destinations in Florida are particularly popular for buyers from Sweden, Canada and Brazil. Ms. Kong says Trulia had expected New York to be the top destination of choice for international buyers. “It kind of surprised us that Los Angeles came in as the most popular destination,” she said. Trulia found that buyers in the United Kingdom are partial to California, with L.A., San Francisco and Beverly Hills among buyers...
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125