Point2 Report: Where Are International Buyers Looking For Property?

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With a depressed US economy, there is no denying the fact that there just aren’t as many people searching for homes as there used to be. As domestic real estate activity has cooled, many real estate professionals have turned towards international buyers in order to drive their business forward. In turn, an exploding niche of real estate professional has emerged that caters to international buyers of everyone kind – from those specializing in Chinese investors in California to Canadian snowbirds in Arizona.

Along with this explosion of activity has come a desire for insight into the question of  just where are international buyers coming from? To answer this question we dug deep into the data from Point2Homes.com and came up with some interesting results in regards to where international traffic is coming from, and where it is headed.

Florida properties emerged as the lead attraction for foreigners online, followed by Arizona and Nevada real estate listings. Florida real estate listings captured 33.03 percent of the international traffic recorded to all U.S. states during the quarter. Arizona attracted 15.15 percent and Nevada 8.22 percent.

Canadian traffic made up 91.89 percent of the overall international traffic to Arizona listings, 75.90 percent to Hawaii, 73.92 percent to Michigan, 70.55 percent to Nevada and 65.05 percent to California. Puerto Rico, also covered in the report, ranked tenth on the list, with 16.82 percent of the traffic.

Las Vegas ranked first (14.53%) on the report’s overall ‘top 20’ cities in the nation category for online properties searched by international visitors. The top 20 list includes eight cities in Florida, four in California and three in Arizona. Las Vegas real estate listings attracted 91.73 percent of all the international traffic recorded for the state of Nevada during the third quarter, with Canada as the leading source at 70.47 percent. The UK followed at 5.28 percent and France at 2.19 percent.

Want the FULL report with all the juicy data? Feel free to download it right here.

13 Comments

  • Top 10 Cities Foreign Investors Are Targeting says:

    […] Source: Point2 […]

  • These datas are really helpful for Real Estate Marketers out there, great job guys!

  • A report recently came out where there is a bill in the works to allow visas to foreigners who invest in U.S. real estate. A good idea? Yes, more inventory would be soaked up, but at the same time more Americans will be frozen out of participating in real estate, further-postponing their hope of achieving the American dream. Should the government step in to help the housing industry, or pull out entirely? Check out this article: http://www.homeforsure.com/government-intervention-in-real-estate

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  • Top 10 Cities Foreign Investors Are Targeting | Turn-key Real Estate Investments | Arizona Fix and Flip Brokers says:

    […] Point2 Search our […]

  • Roger says:

    Thanks for the reposts and the feedback. If there is specific information on real estate markets or buyers you’d like to know about in future reports, please let us know and we’ll see if we are able to get it for you.

  • Great information, thought Texas had a larger percent of the International Buyers.

  • I really appreciate your posts: they are so informative. Love your graphs. Thank you.

  • Roger says:

    Glad you found the information useful, Philippa and Yolande. At least knowing where the buyers are coming from allows you to allocate marketing resources accordingly. Let us know if there is any other type of data that brokers and agents would be interested in. We may have access to it for future reports. Enjoy the Holidays.

  • I find it really interesting that Canadians are completely dominating the Arizona searches. I wonder why that is? Could it be because the climate is so different and Canadian homeowners are looking for a drastic change?

  • Where are foreign buyers looking? | Monarch Estates and Homes says:

    […] has just released a report which analyses the views of listings across their syndication network.   […]

  • Kim Logan says:

    Great information. I am from Ga and sell Luxury homes so this is good news for me!!

  • Where Are Foreign Buyers Looking? | | Level Real Estate BlogLevel Real Estate Blog says:

    […] has just released a report which analyses the views of listings across their syndication network. Specifically, they look at […]

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