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Florida Real Estate is Top Choice for Foreign Buyers

October 22nd, 2009 · No Comments

Florida Florida, known to the world as the Sunshine State, is a place we all love to call home.  And its appeal stretches further than we may think!

According to a recent report from the National Association of Realtors (NAR), the percentage of foreign buyers purchasing a home in Florida doubled between 2005 and 2008. In 2008, overseas purchasers were responsible for nearly 30 percent of new and existing home sales in Florida – nearly one in every four international sales in the United States. 

So who’s moving in?  While they come from near and far, the top 3 origins of these relocators are:

  • Canada – 26 percent
  • Western Europe – 22 percent
  • Britain – 16 percent

A significant amount of these new Floridians also come from South and Latin America. To most, its obvious why Florida is the premiere place to live – the optimal climate, the endless entertainment opportunities, friendly Jacksonvillians and so on, but let us know what you think!

Are you a native Floridian?  If not, let us know where you came from and why you moved.

New Homebuyer

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