{"id":2953,"date":"2023-08-07T13:00:36","date_gmt":"2023-08-07T17:00:36","guid":{"rendered":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/?p=2953"},"modified":"2023-08-07T13:00:40","modified_gmt":"2023-08-07T17:00:40","slug":"international-buyers","status":"publish","type":"post","link":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/2023\/08\/07\/international-buyers\/","title":{"rendered":"International Buyers"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2021\/08\/210830house-1024x684.jpg\" alt=\"\" class=\"wp-image-2278\" srcset=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2021\/08\/210830house-1024x684.jpg 1024w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2021\/08\/210830house-300x200.jpg 300w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2021\/08\/210830house-768x513.jpg 768w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2021\/08\/210830house-1200x801.jpg 1200w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2021\/08\/210830house.jpg 1330w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Foreign buyers purchased 9.6% less (in total dollars) of real estate for the latest 12-month period tracked when compared to the previous year, according to a new report from the National Association of Realtors (NAR). That said, the average ($639,900) and median ($396,400) existing-home sales prices among international buyers were the highest ever recorded by NAR.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>China and Canada remained first and second in U.S. residential sales dollar volume respectively, continuing a trend going back to 2013. For the 15th consecutive year, Florida remained the top destination for foreign buyers, accounting for 23% of all international purchases.<\/p>\n\n\n\n<p>Non-resident foreign buyers (52%) were more likely to make an all-cash purchase than resident foreign buyers (32%). Two-thirds of Colombian buyers (67%) made all-cash purchases, the highest share among the top five foreign buyer nations. Half of foreign buyers purchased their property for use as a vacation home, rental property, or both \u2013 up from 44% the previous year. Almost three out of five international buyers (59%) purchased detached, single-family homes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign buyers purchased 9.6% less (in total dollars) of real estate for the latest 12-month period tracked when compared to the previous year, according to a new report from the National Association of Realtors (NAR). That said, the average ($639,900) and median ($396,400) existing-home sales prices among international buyers were the highest ever recorded by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,26,1],"tags":[12,13,16,15,20,19,17],"class_list":["post-2953","post","type-post","status-publish","format-standard","hentry","category-home-buying","category-home-selling","category-real-estate","tag-home-buying","tag-home-selling","tag-manatee-county","tag-real-estate","tag-real-estate-agent","tag-realtor","tag-sarasota-county"],"_links":{"self":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/2953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/comments?post=2953"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/2953\/revisions"}],"predecessor-version":[{"id":2954,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/2953\/revisions\/2954"}],"wp:attachment":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=2953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=2953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=2953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}