Florida Leads the US in Foreign Interest in Real Estate Investment
This week, the California real estate firm Point2Homes released its U.S. International Real Estate Traffic Report for Q4, and it's got some great news for the State of Florida. According to the 2012 real estate investment report, Florida was no. 1 in the country for foreign real estate investment.
Point2Homes tallied its site traffic and discovered that 31% of international visitors to its real estate web site were investigating Florida real estate investment possibilities. And it's not a close call - Florida is clearly overshadowing the other states, as Arizona totalled 19.44% to claim second place.
From the report (which you can read and download online here):
Orlando and Pompano Beach were the top two cities for traffic coming in to Florida properties, with Orlando at 9.77% and Pompano Beach at 9.32%.
Within Florida, foreign investors were investigating the following cities in descending order of popularity:
- Orlando (9.77)
- Pompano Beach (9.32%)
- Kissimmee (7.54%)
- Miami (5.56%)
- Davenport (3.56%)
- St. Petersburg (2.67%)
- Hollywood (2.25%)
- Deerfield-Beach (2.13%)
- Pembroke-Pines (1.87%)
- Tampa (1.86%)
Which Foreign Countries Are Most Interested in Investing in Florida?
According to this report, Canada is searching for Florida real estate investments (and US) more than any other foreign country; however there were quite a few British subjects (United Kingdom) surfing the site for information on Florida real estate. And, surprising to no one here in Florida, Puerto Rico remains very interested in Florida investment coming in third as Mexican investment queries tallied a solid number 3 in the national Fourth Quarter 2011 totals.