Foreign investment in U.S. residential real estate increased significantly in 2017, with international buyers purchasing $153 billion worth of properties. Nearly half of all foreign purchases were in Florida, California, and Texas. While a strengthening U.S. dollar and political uncertainty discouraged some foreign buyers, many still viewed the U.S. as a safe place to live, work, and invest. Florida remained the top destination for foreign buyers, especially Canadians, and prices in the state are expected to continue rising in the coming years.

1. Buying a property in Florida

3. Buying a property in Florida
 Foreign sale in U.S. residential real estate market boomed, as transactions increased
in each of the top five countries where buyers originated, a significant increase in
sales dollar volume from Canadian Buying a property in Florida.

4. Buying a property in Florida
 This is according to an annual survey of residential purchases from international
buyers released by the National Association of Realtors, which also indicated that
almost half of all foreign sales were in three states: Florida, California and Texas.

5. Buying a property in Florida
 According to statistical reports, between April 2016 and March 2017, international
investors and immigrants purchased $153 billion of residential property, which is a
49 percent jump from 2016 ($102.6 billion).
 Overall, 284,455 U.S. properties were bought by foreign buyers (up 32 percent from
2016), and purchases accounted for 10 percent of the dollar volume of existing-
home sales (8 percent in 2016).

6. Buying a property in Florida
 The political and economic hesitancy both in U.S and abroad did not discourage
foreigners from inclining up their investment in U.S. property over the past year,
 While the strengthening of the U.S. dollar in relation to other currencies and steady
home-price growth made buying a home more expensive in many areas, foreigners
mostly believed that the U.S. is a safe and secure place to live, work and invest.

7. Buying a property in Florida
 Inventory shortages continue to drive up U.S. home values, but prices in five
countries, including Canada, experienced even quicker appreciation.
 “Some of the acceleration in foreign purchases over the past year appears to come
from the combination of more affordable property choices in the U.S. and
foreigners deciding to buy now knowing that any further weakening of their local
currency against the dollar will make buying more costly in the future.

8. Buying a property in Florida
 This year’s survey once again showed that foreign buying action is mostly limited to
three states, as Florida (22 percent), California (12 percent) and Texas (12 percent)
maintained their position as the top destinations for foreign investors.
 Florida was the most popular state for Canadian buyers. According to Realty
Services Florida, prices are expected to soar in Florida especially in Broward County.

9. Buying a property in Florida
 Although buying a property in Florida and U.S in general, raised over the past year,
it appears much of the activity happened during the second half of 2016.
 Realtors in some markets are reporting that the effect of tighter regulations on
capital outflows in China and weaker currencies in Canada and the U.K. have
somewhat cooled foreign investors to be interested in early 2017.

10. Buying a property in Florida
 For future, experts believe the gradual expanding global economies should keep
foreign investors demand at a robust level.
 If you're uncertain about buying a property in Florida, it’s recommended by Realty
Services Florida to make your decision now, because prices are predicted to raise
for the next few years.

11. Selling a home in Florida?
Get in touch with Realty Services Florida today for buying or
selling your property in Florida.