Skip to main content

Regal Oaks

Encantada

Currency Exchange Rate

Local Market Snapshot

Central Florida Weather

New market data shows median home price falls for the first time in six months as inventory spikes for the third straight month.

By the #s:

(Disclaimer) All reports are completed at the month’s end

NAR Study: International Buyers Are Back

In NAR’s annual report, 1 in 4 (24%) international buyers chose Fla. Nationwide, they spent $5.9B, up 8.5%, even as single-family home sales dropped 7.9%.

WASHINGTON – Foreign buyers purchased $59 billion worth of U.S. existing homes over a one-year period (April 2021 through March 2022) – an 8.5% increase from the previous 12-month period and the end of a pandemic-led, three-year skid.

The 98,600 existing homes sold – the lowest since NAR tracking began in 2009 – were down 7.9% year-to-year.

Overall, however, Florida led the nation in welcoming foreign investment as one in four international buyers (24%) selected property in the Sunshine State.

READ MORE…

We use cookies and tracking technology in connection with your activities on our website. By viewing and using our website, you consent to our use of cookies and tracking technology in accordance with our Privacy Policy.