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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).
· That worry flared up in two resort towns last week. In Breckenridge, residents voted overwhelmingly to force downtown’s lone dispensary off Main Street to a less-visible location. And just up the road in Granby, town officials used a property annex to prevent a dispensary from opening.
The Sunshine State outpaces all others in home purchases by foreign buyers, and that’s driving up prices, says Jack Ablin, chief investment officer for BMO Private Bank.
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Combined, the international home buyers generated $82.5 billion in property sales last year (up from $66.4 billion a year earlier), the NAR report says.
Foreign buyers gobbling up Tampa Bay properties real estate video picks.. How locals compete with foreign buyers.. Hundreds of Tampa bay area homeowners are finding out their homes could be at higher risk for flooding. FEMA recently put.
Foreign Buyers of Properties in south florida answering your Questions about buying property in South Florida as a non-U.S. Citizen/Foreign National. Answer: Property Taxes are billed Annually in the Month of November and will be estimated at approximately 2% of the amount of the purchase price for your Property.
Tampa Trends & Statistics 2018-2019. In this section, you’ll learn about the top factors that make Tampa one of the strongest real estate markets today, including: job growth, population growth, and affordability.