From Chinese investors flocking to California to Canadian snowbirds heading to Arizona, international home buyers are offering a growing niche for more real estate professionals.
But which places are international investors targeting in their home search? Point2Homes.com evaluated where buyers from overseas are looking online to gauge possible current and future home-purchasing patterns.
Canadian investors have a growing appetite for U.S. real estate, Point2 finds. Canadian investors made up 91.89 percent of the overall international traffic to Arizona listings, 75.90 percent to Hawaii, 73.92 percent to Michigan, 70.55 percent to Nevada, and 65.05 percent to California.
Las Vegas had the highest overall international traffic online among U.S. cities, with Canadians serving as the leading source of traffic there at 70.47 percent, followed by 5.28 percent of the traffic coming from UK residents and 2.19 percent from France.
The top 10 cities for international traffic online by international buyers in the third quarter are:
1. Las Vegas, Nev.
2. Orlando, Fla.
3. Kissimmee, Fla.
4. Detroit, Mich.
5. Pompano-Beach, Fla.
6. Miami, Fla.
7. Mesa, Ariz.
8. Davenport, Fla.
10. Indio, Calif.
Overall, Florida emerged as the top state attracting international traffic online for the third-quarter, according to Point2.
|Maricopa County Active Listings- 18,949|
|County Listings in June, 2011- 22,300|
|Carefree Active Homes Listed- 92|
|Carefree Active listed in June 2011
Carefree Bank-owned homes- 5
Carefree Homes Under Contract- 9
Carefree Homes sold last 30 days- 4
Cave Creek Active Homes Listed- 196
|Cave Creek Homes Under Contract- 124|
|Cave Creek Bank-owned Homes- 45
Cave Creek homes sold last 30 days- 73
|Scottsdale Active Homes- 1730|
|Scottsdale Homes Under Contract-
Scottsdale Bank-Owned Homes- 239
Scottsdale Homes sold last 30 days- 467
|Paradise Valley Active Listings- 272|
|PV Homes Under Contract- 52|
|Paradise Valley Bank-owned Homes- 18|
|PV Homes sold last 30 days-
Top Home Sale in the Valley
last 6 months-10814 E. Heritage Ct, 1610 Silverleaf, Scottsdale $6.2 million
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