Foreign buyers gobbling up Tampa Bay properties

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Foreign Buyers Snap Up U.S. Real Estate in Unprecedented Surge Posted on September 10, 2017 by admin in News Foreign investments in U.S. real estate have surged nearly 50 percent as of late, according to the 2017 Profile of International Activity in U.S. Residential Real Estate from the National Association of REALTORS (NAR).

Foreign buyers purchased 47,000 residential properties, a seven percent increase from the 44,000 properties purchased in the 12-month period ending in June 2015. The number of foreign buyer purchases held at 12 percent of Florida’s existing home sales. Nationally, foreign buyer residential property purchases accounted for four percent of U.S.

Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish. tampa, Florida – America’s other city by.

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"If you are aggressive, you can do extremely well," he said during a break from his class at Gold Coast Schools of Real Estate in Doral, a Miami suburb. Low interest rates, foreign buyers and a.

This data comes from a recently released RealtyTrac® August 2015 U.S. Home Sales Report, which shows a total of 1,947,028 U.S. single-family homes and condos sold through August in 2015. These numbers.

“The health of these high-priced trophy markets will in many ways be tied more to global economic forces driving foreign cash buyers than U.S. economic and real estate fundamentals.” Cash buyers down.

So can we conclude anything reliable about foreign buyers? We do have a decent grasp on where they’re coming from. The fear of Chinese millionaires gobbling up American homes as just another piece in.

Yet while technology billionaires gobble up estates from Puget Sound to Lake Washington, Jim Conlan, a real estate. Bay area has long been a sought-after location for Asian buyers, a flurry of high.