Foreign Purchasers See U.S. Properties as Secure Investment
Foreign purchasers buy U.S. property for investment, vacation, and locational reasons.
By Jed Smith, Managing Director, NAR Quantitative Research
Palm Coast, FL – June 8, 2011
- Foreign purchasers buy U.S. property for investment, vacation, and locational reasons.
- NAR’s 2011 Profile of International Home Buying Activity reports that foreigners view U.S. properties as a secure investment, one that provides rental and long-term appreciation possibilities.
- Homes in this country are less expensive than comparable foreign properties.
- International purchasers buy properties for both vacation and rental purposes.
Source: National Association of Realtors®