Foreign national real estate investors
Foreign national real estate investors are the largest group of cash home buyers in America. California real estate is on the forefront of investments for group investment firms and individual all cash home buyers. According to a recent survey done by the National Association of Realtors, International buyers have spent nearly $83 billion worth in home sales from March 2011 to March of this year.
To foreign investors the housing market is hot because they see that investing in the U.S. housing market is a safe investment. They like the low prices and the low interest rates and they feel that the time is right to invest in foreign property.
The majority of foreign buyers are from India, Mexico, Canada, the UK and China and combined they make up nearly 55% of all foreign home sales in the nation. Fifty-one percent of those purchases were for homes in California, Florida, Texas and Arizona.