The international impact on our South Florida real estate market makes me think of "It's a Small World After All". If you have been to Disneyworld, that song probably started going in your head. In South Florida, that is a great theme song for our real estate market.
Florida has become a favorite with International Buyers and is the #1 place that they are investing their money.
Top States for International purchased
Florida - 22%
California - 15%
Texas - 10%
New York and Arizona - 4%
The international buyer spends more on real estate as an average sales price which helps the luxury sellers. Most international buyers are cash which is a nice plus. Also many buyers are looking for property that will wow their friends and family.…