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Florida is #1 for International Real Estate Traffic

By
Real Estate Agent with RE/MAX Elite

Florida is #1 for International Real Estate Traffic! I recently saw this interesting bit of information in a report by Point2 and thought it was worthy of sharing with my readers. The report by Point2 provides insight into which locations (cities and states) international buyers are browsing for property. It seems that Florida is showing up as a “hot” (yes, pun intended!) spot for international buyers looking to purchase real estate in the United States. Specifically, Florida properties emerged as the lead attraction for foreign real estate searches online, followed by Arizona and Nevada.

Florida Real Estate

An overall look at findings from the report suggest that:

  • Florida real estate listings captured 33 percent of the international traffic searching for homes in the United States, followed by Arizona with 15 percent, and Nevada with 8 percent.
  • Canada generated the most visitors, followed by the United Kingdom, then Mexico.
  • For cities, Las Vegas ranked first for online properties searched by international visitors. After Las Vegas, the cities of Orlando and Kissimmee, both in Florida, ranked second and third.
  • Overall, the top 20 cities list included 8 cities in Florida, 4 in California, and 3 in Arizona.

If you are looking for property in Florida, specifically the Melbourne, Melbourne Beach, Indialantic, Indian Harbour Beach, Satellite Beach, Suntree, Viera, or Cocoa Beach area, I can help you! Call or email me and we can discuss your real estate needs!

Source of info and image: Point2

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Kathy Sheehan
Bay Equity, LLC 770-634-4021 - Atlanta, GA
Senior Loan Officer

Florida has always been a target market for international buyers.

Dec 28, 2011 01:52 AM
Doris Freeman
Zach Taylor Real Estate - Gallatin, TN
Broker/Agent, 615-961-7799

Just another step in selling off America

Have A Great Day

Dec 28, 2011 01:55 AM
Paula Hathaway, REALTOR, LBA
Douglas Elliman Real Estate - Southampton, NY
...A Local Expert in all The Hamptons

Caroline: I wonder what the source of these findings is? Here in the Hamptons and even NYC, we have enormous numbers of Germans, South Americans and Russians who buy here...they were buying when no one else was in the past 4 years. It may be that "point2"  does not use data from our counties' transfers--we do not have an MLS here--we have OREX which is a NYC and Hamptons system of listings--If the source is not from Suffolk and New York counties transfers, then they don't have accurate information. The New York figure is probably from Long Island and Upper New York State only---which looks about right.

Dec 28, 2011 02:03 AM