BARGAIN HUNTERS IN FLORIDA!
Inman News May 2012
By Andrea V. Brambila
The state of the U.S. real estate market is in the eye of the beholder. While many Americans have shied away from home purchases due to the economic downturn, a growing number of cash-rich foreign investors are seizing the opportunity to snap up U.S. homes at bargain prices.
Not all U.S. markets are universally appealing to out-of-country investors, however. International homebuying activity is largely concentrated in a few areas of the country. Inman News has identified the 10 most popular areas in the U.S. for foreign homebuyers.
The majority of the markets, if not all, are recognizable as tourist destinations. Six of the 10 areas are in Florida! three are in the West (Arizona, Hawaii and Nevada); and one is in the Northeast (New York). No Midwest markets made the list.
Information has not been verified , is not guaranteed, and is subject to change.
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