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Profile of International Home Buying Activity 2013

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to share with you the latest report from the National Association of Realtors® (NAR), entitled "2013 Profile of International Home Buying Activity". This report is based on a survey conducted annually since 2007 to measure the level of sales of U.S. residential real estate to foreign nationals. It provides information on international homebuyers and their preferences through data gathered from Realtors®. In this report, the terms "international" referes to both: 

> Type A: Foreigners with permanent residences outside the US and who purchase real estate properties for investments, vacations or visit purposes (they remain less than 6 months in the US)

> Type B: Clients who are recent immigrants (less than two years in the U.S.) or temporary visa holders and who reside for more than 6 months in the US for professional or educational purposes or other reasons

It is interesting to note that international sales accounted for $68.2 billion from March 2012 to March 2013, approximately a 6.3% of the total U.S. existing homes sales (EHS) market of $1.08 trillion for the same period. To most international buyers, the U.S. is seen as a desirable location, a secure and profitable investment with Florida being in the top four states in terms of number of buyers. Leading the way, Canadians and Chinese are the main international homebuyers of U.S. properties. 

To download and read the full NAR report, click here or on the image below.



Looking to invest in or move to the Greater Miami or Sarasota area in Florida? Contact KSI Realty at info@kijner.com

Global Perspectives

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to share with you the December 2011 issue of NAR's "Global Perspectives". This issue looks at what's driving Canadian buyers to look south. There's more at play than just the strong Canadian dollar and snowbirds' flight to warm weather. Canadian exposure to the U.S. market has spread beyond Florida to some places that may surprise you.

 

 

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Source: Global Perspectives December 2011

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