Over the last months the US dollar strengthened against
other foreign currency, however the international buyer are still coming and
purchase real estate in the US. The volume amount of these real estate
transactions have even increased, while the number of the purchased units have
decreased. That means there are less international buyers that buy, but these
buyer are buying more expensive units. That results in an overall plus of these
international real estate transactions.
There are five countries worldwide, who are responsible
for 51 % of the real estate transactions. China is on the top nations with 28.6
billion and they bought the most expensive homes. The average home price for
the international buyers was slightly below half a million, while the home
prices of the Chinese buyers were beyond the $800,000 mark.
Second on this list are the Canadians with 11.2 billion,
on position three, four and five come India, Mexico and the United Kingdom.
There are four states in the US, that are the preferred
target areas for these international real estate buyers: Florida, California,
Texas and Arizona according to the market data of the NAR.
These positive numbers show that Florida is still a very
attractive spot for international real estate investors despite of the US
dollar strength.
You need help for your international real estate
purchase? We can help at andrea@florida-informations.com
.
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The rich and super rich like to invest in real estate.
They have normally more than four properties and at least two of them are
vacation retreats. A very interesting point is that the primary residence of
these superrich are not the biggest and most expensive that they own. Their
vacation hideaways are often more luxurious and bigger and also more expensive.
These vacation homes are sitting on huge lots and often
have twice the size of the primary residence. The most important
decision-making point for these mansions is their hobby or a specific passion.
The superrich who reside outside the United States prefer to buy
properties in the United States, the United Kingdom, Switzerland and France.
Only one third of the United States superrich people purchase property abroad. In case
they do so they choose countries like the United Kingdom, Switzerland,
Australia and France.
Florida with its exquisite and luxurious mansions is also
a preferred location for this property owner segment.
For further information please contact us at andrea@florida-informations.com
