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2017 Report of International Home Buyers in Florida

2017 Report of International Home Buyers in Florida

According to the National Association of Realtors® newly released 2017 Profile of International Real Estate Activity in Florida, the state saw a $4.8 billion increase in foreign purchases from 2016.

2017 highlights of foreign transactions

  • Florida remained the #1 destination for foreign purchases at 22%
  • 21% of residential dollar volume in Florida were foreign transactions
  • 61k properties in Florida were were bought by foreigners, up from 47k in 2016
  • Latin America and the Caribbean were the largest portion at 34%, Canada was 22% with Europe holding steady at 23% and Asian buyers at 10%
  • All-cash purchase made up 72% of all foreign purchases
  • 75% percent of foreign buyers intend to use their new property as a vacation home, rental or both.

 

 

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Bryan Rogers

Bryan Rogers has been a licensed real estate agent in Florida since 1998. After working for an International Real Estate firm where he gained extensive knowledge and expertise with International buyers and sellers of Florida properties he became a licensed broker in 2005 and founded Holiday Realty LLC.Prior to living in Central Florida for the last 25 years Bryan resided in Smithonia Georgia on the site of what was once the southern United States’ largest diversified farm. Steeped in history the 100 year old town of Smithonia, with it’s private railroad and historic buildings, had almost become forgotten. That was until Bryan’s uncle, the legendary singer/entertainer Kenny Rogers decided to invest in rehabbing the site as well as developing Beaver Dam Farms. Bryan saw first hand his uncle’s vision turn from pastures to an 18 hole private golf course and residence then mega luxury retreat.

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