Foreign Buyers Flock to Warmer Dwellings

It’s not uncommon to hear of friends, family and neighbors packing up and heading to a second home in warmer states during the winter months. After all, many parts of the country experience brutally long bouts of cold and snowy weather. However, U.S. citizens are not the only people looking to spend at least some of their year down south or out west, whatever the reason. According to the National Association of REALTORS® 2015 Profile of International Home Buying Activity, just four states accounted for half of all international home sales: Florida (21 percent), California (16 percent), Texas (8 percent) and Arizona (5 percent).

Story Springboard

View NAR’s 2015 Profile of International Home Buying Activity and check out an infographic on international buyers. Talk to a REALTOR® who has worked with international buyers to find out what they are seeing in terms of desired location and trends. Speak to an international buyer to find out why they are interested in certain locations over others.