After a three-year slowdown exacerbated by the pandemic, Florida is again experiencing a major influx of investments in the housing market from international buyers.
As reported in an annual study conducted by the National Association of Realtors, Florida attracted 24 percent of all international homebuyers, more than doubling second-place California (11 percent), followed by Texas (8 percent), Arizona (7 percent), and New York (4 percent).
The top three regions of origin for Florida’s top foreign buyers were Latin America/Caribbean (39 percent), North America (25 percent) and Europe (12 percent).
The full study, 2022 International Transactions in U.S. Residential Real Estate, further details the dollar amounts invested and the purpose of the purchases.
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— Compiled by Business Editor Joe Crews