Tuesday, May 20, 2014
Florida Tops List of International Buyer's Destination!
25% of all international buyers in the USA purchase in Florida!
In a recent article about international buyers, published in the Naples REALTOR magazine, several statistics were shared that I found interesting. Did you know that Florida accounts for nearly 25% of all international sales in the USA? Miami heads the list of destinations, with 21% of the 25%, but the Naples-Marco Island real estate market remains strong at 6.3% of the closed sales in the last 12 months. Canadians, for many reasons select Florida, and Naples is their #1 destination with 13% of Canadians purchasing in Collier County. So far year-to-date 2014 Canadians make up over 60% of our non-domestic closings followed by Germany at 12% and the U.K. at 8%. International buyers are playing a more important role in our local real estate market and they are drawn here for a myriad of reasons. Most state the weather of course, but other factors include our culture: arts, entertainment and fine dining; as well as the value of housing.
Coldwell Banker is the most recognized real estate company in the world. We have offices in 51 countries and territories. Given the impact of our presence on the world stage, it makes perfect sense that many of these international buyers trust the name they are most familiar with when doing business. Call us today and let us tell you what we are doing to reach out to our international friends and colleagues. I think you will also be impressed to know that our websites can be translated into 19 languages! 239-370-0574
Thank you, and make it a great day!
The Naples Real Estate Blogger