The National Association of Realtors® 2014 Profile of International Home Buying Activity, shows that the period of April 2013 through March 2014 saw a total of $92.2 billion in US property sales involving international buyers. Florida remains their location of demand holding 23% of those sales.
Also reported is that almost 60% of all international buyers used all cash to purchase and almost that same number bought investment rental or holiday properties. Read the full story here © 2014 Florida Realtors®
With the UK exchange rate at a 5 year high and US mortgages to qualified international buyers available the rush of international investment is expected to intensify. To learn more about buying property in Florida as an international buyer read our “International Buyer’s Guide“, contact us or call direct in Florida at 00 1 321 278 5486.