Buy American

By
Managing Real Estate Broker

 

Even foreign investors are buying American. During this time of national distress on our housing market, the money from other countries is beginning to pour in while times are tough here so they can buy low and hopefully gain high.

 

Mexico is the top country of origin for foreign buyers purchasing U.S. Homes. The top destinations for foreign investors in the United States are:

 

 

1)      Florida: 31% of all home purchases are made by foreign buyers. Most of these buyers are from Cuba, Haiti, and Columbia.

 

2)     California: 12% of all home purchases go to this state and most are from Mexico, Philippines, China, and India.

 

3)     Texas. 9% of all homes by outside investors are coming from Mexico, India, Vietnam, and China.

 

 Our world is integrating and there will soon be more and more mixing of money and investments than ever before.

 

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Topic:
ActiveRain Community
Location:
Florida Broward County

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Rainmaker
195,316
Kimberley Kelly
I do Real Estate like I played polo-to WIN!
HK Lane, Christie's International Affiliate, 760-285-3578

Where did you get these percentages?  Interesting..

January 22, 2012 09:39 PM
Rainmaker
408,143
Gary Coles
Latin America Real Estate
Venture Realty International

Heather, I enjoyed your post but what happened to Brazil? I have been reading many articles showing that Brazil is a leading source of buyers to Florida. 

At the same time as all the foreign buyers are liking at the US, there are millions of US and Canadian citizens looking at Latin America.  All of the Latin American economies are projected to be much stronger than the US in 2012. 

Maybe we can do some referrals back and forth.

January 22, 2012 09:45 PM
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Rainer
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Heather Barber

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