Florida is still the top destination for International Buyers.
In 2014, the five countries that accounted for 51% of all purchases by international buyers were China, Canada, Mexico, India & the United Kingdom.
International buyers tend to purchase more expensive real estate with the average purchase price being $499,600. Chinese buyers typically purchased the most expensive properties at an average of $831,800.
While Florida remains the top destination for international buyers, California comes in second, Texas third, and Arizona fourth.
The majority of international purchases (55%) were made with all cash, compared to about 25% of all cash purchases made by domestic buyers.
Thinking about selling your house, townhome, condo, or land? I would love to hear from you.
Call me on my cell phone for an appointment today - 813-624-3332
Stephanie LeFew, Tampa Realtor
Selling Tampa Bay
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