Talking Points …
- International home buyers prefer purchasing properties in the United States over other countries, according to the “2013 International Clients Survey” from the CALIFORNIA ASSOCIATION OF REALTORS®. Los Angeles County was the top location in California where international buyers purchased properties (35 percent).
- International buyers cited the following factors in their decision to purchase in the U.S.: Desirable location and climate (20 percent), to be closer to family and friends (20 percent), investment opportunities (9 percent), changes in work and employment (9 percent), educational opportunities (6 percent), and affordable prices (4 percent).
- Sixty-nine percent of international buyers paid all cash for their properties, compared to 27 percent of traditional buyers who paid all cash.