Home Real Estate Where are the international buyers? Real estate sales will rebound after pandemic low

Where are the international buyers? Real estate sales will rebound after pandemic low

by The 100 Companies
Florida real estate trends with international buyers

Where are the international buyers? Sales of U.S. homes to foreign buyers fell by 31 percent from April 2020-March 2021, according to the National Association of Realtors. Despite this decrease, international buyers continue to find the state of Florida to be a top destination for the 13th straight year.

Virtual tour technology has exploded, which benefits international buyers who are becoming more comfortable conducting long-distance real estate transactions. And, the fact remains that real estate in the US is a good investment for international buyers, as it is more affordable than properties in places like London or Tokyo.

– Pat Pitocchi, Downing-Frye Realty, Inc. 

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