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Global  Investors Still Choose  United States As Best Property Investment Area.

Global Investors Still Favor Florida And California Lead as Best Property Investment Areas in U.S.

According to the California Association of Realtors (CAR) “2013 International Clients Survey”, global property investors preferred purchasing properties in the United States over all other countries for property investments. These foreign buyers still view the U.S. as a safe place to put their money.

The vast majority (85 percent) of international buyers said they only considered purchasing a home in the U.S., citing that the stable government and financial system would guarantee their home investment. Fifteen percent considered investing in other countries, with Canada, Germany, Mexico, China, Singapore, Sweden, and France cited as other countries most considered.
Over $68.2 billion in residential property transactions occurred in the U.S. during 2013, down from $82.5 billion in 2012 according to the National Association of Realtors (NAR).
International buyers also chose to purchase in the U.S. for its desirable location and climate (20 percent), to be closer to family and friends (20 percent), investment opportunities (9 percent), changes in work and employment (9 percent), educational opportunities (6 percent), and affordable prices (4 percent).

International buyers purchased a property in the U.S. primarily for investment purposes or tax advantages (18 percent) or to rent out (14 percent), contrary to traditional home buyers, who purchased primarily because they were tired of renting (23 percent).
While Florida received the most foreign buyer activity in 2013, looking at California specifically, Los Angeles County was the top location where international buyers purchased properties (35 percent).  International buyers also purchased homes in Orange (22 percent), San Diego (20 percent), Riverside (14 percent), Contra Costa (7 percent), and Santa Clara (7 percent) counties.
The top four states in terms of number of international buyers:

  • Florida: 23% of U.S. total
  • California: 17% of U.S. total
  • Arizona: 9% of U.S. total
  • Texas: 9% of U.S. total

– See more at: http://www.worldpropertychannel.com/north-america-residential-news/foreign-home-buyers-international-property-investors-california-association-of-realtors-2013-international-clients-survey-8159.php#sthash.nYgWWiQL.dpuf

Shannon Biszantz

Posted by Shannon Biszantz

Real Estate Consultant at BiszantzConnection

If you choose me as your realtor, I will be by your side through all the steps of the buying/selling process. As my client, I will be primarily concerned with representing your needs.

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Shannon Biszantz

Shannon Biszantz

Shannon Biszantz reviews

CalBRE #01787015
16236 San Dieguito Road, Suite 4-12,
Rancho Santa Fe, CA 92067

Work Cell: 619-417-4655
Office: 858-755-0075




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