U.S. Real Estate Bargains Found by Foreign Investors

There are a lot of real estate deals in the United States, making foreign investors gather in the major states to have their purchases.

According to a study recently made by Credit Sesame, making use of National Association of REALTORS® data, Mexico is the top country of origin of investors buying U.S homes.

Susan Wachter, professor of real estate and finance at University of Pennsylvania, told MSNBC.com, “In this period of tremendous uncertainly globally, real estate here is a safe haven.”
Here is a list of states targeted by foreign investors for U.S. real estate treats:

1. Florida, in which 31 percent of all home purchases are from foreign buyers mostly coming from Cuba, Haiti, and Colombia.
2. California in which 12 percent of all home purchases are from foreign buyers mostly coming from Mexico, the Philippines, China, India, and Vietnam
3. Texas: 9 percent of all home purchases are from foreign buyers mostly coming from Mexico, India, Vietnam, China, and the Philippines