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The other popular states among foreign buyers were Arizona and Texas, each accounting for 7%; New York and Georgia, each accounting for 4%; and Nevada, accounting for 2%. These 7 states accounted for 61% of all U.S. home sales to international buyers over the said 12-month period.
"NEW YORK (CNNMoney) – Lured by bargain home prices, foreign buyers stepped up their purchases of U.S. homes by 24% over the past year, according to an industry trade group. The National Association of Realtors reported Monday that $82.4 billion worth of homes were sold to international buyers in the 12 months that ended in March, up from $66.4 billion the year before.
"The Tampa Bay area is particularly desirable for foreign buyers of real estate and we continue to see growing global interest," said Allen Crumbley, Broker/Owner of Berkshire Hathaway HomeServices Florida Properties Group.
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Foreign Buyers Snap Up U.S. Real Estate in Unprecedented Surge Posted on September 10, 2017 by admin in News Foreign investments in U.S. real estate have surged nearly 50 percent as of late, according to the 2017 Profile of International Activity in U.S. Residential Real Estate from the National Association of REALTORS (NAR).
As residents of the Tampa Bay area, we specialize in the Tampa Real Estate and surrounding areas of Saint Petersburg, Clearwater, Land O Lakes, Wesley Chappel, etc. We help both Buyers and Sellers, including those out of state and out of the country.
The nine counties of the San Francisco Bay Area make up a sought-after real estate market that includes a wellspring of exceptional properties. According to the U.S. Census Bureau, the Bay Area is one of America’s wealthiest metro areas, with double-digit percentages of households earning at least $191,000 annually in many communities.
"If you are aggressive, you can do extremely well," he said during a break from his class at Gold Coast Schools of Real Estate in Doral, a Miami suburb. Low interest rates, foreign buyers and a.