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International Buyers of Residential Properties: Purchases by State

Most states have at least a few purchases of residential properties by foreign buyers. However, according to the 2012 Profile of International Home Buying Activity, foreign buyers of residential properties are concentrated in four states: Florida, California, Texas, and Arizona, accounting for 51 percent of international clients. Florida has been the fastest growing destination of choice, accounting for 26% of international clients.

What Does This Mean to Realtors®?
International clients have specific interests and needs. Information on addressing this market is available at http://www.realtor.org/global.

Jed Smith, Managing Director, Quantitative Research

Jed Smith is Managing Director, Quantitative Research with the National Association of Realtors®. He has worked on real estate issues for the past 20 years, providing input on a variety of housing, commercial real estate, tax, and planning issues. Recently he has been involved in several international studies.

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Comments
  1. Good insight. I think NAR, and for that manner, CAR need to do similar questonaire fro the commercial field.