Foreign buyers are taking over…but it’s Canadians in Florida Which Mor

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Foreigners are buying US residential real estate at a record clip. in activity came from Canadian buyers.. the top five destinations for foreign buyers. While Florida was the most popular.

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The association speculated in its report Tuesday that the uptick in the average price Canadians paid over the past year is due to more long-term Canadian residents in the U.S. Home buyers are more likely to splurge on a property they consider a primary residence than a pure vacation home, according to the association.

Florida: The Preferred Location. Canadian buyers account for the largest share of international buyers (32 per cent), followed by the United Kingdom (seven per cent). Brazilians and Venezuelan buyers have also come to Florida accounting for a combined nine percent of foreign buyers in the Sunshine State.

Foreign buyers are taking over.but it’s Canadians in Florida The National Association of Realtors in Florida has confirmed that Canadians are still the number one buyers of property in the state.

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Foreign buyers are taking over.but it’s Canadians in Florida By Jamie Henry Font size : The National Association of Realtors in Florida has confirmed that Canadians are still the number one buyers of property in the state.

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Southwest Florida Real Estate: Faqs for Canadian Buyers and other Snowbirds. With the exchange rate now once again favoring Canadian buyers, we’ve been hearing from a lot of Canadians looking to take advantage of the low prices in Cape Coral real estate, Fort Myers real estate, Fort Myers Beach real estate, Bonita Springs real estate, Sanibel real estate, and surrounding areas.

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