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Florida totally dominates international sales

Tuesday, June 12, 2012  
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Due to low prices and the relative weakness of the dollar, international buyers continue to identify the U.S. as a desirable place to own property and make a profitable investment. Florida tops the charts, accounting for an overwhelming 26 percent of all international sales; California, at 11 percent, is next on the list.

According to the National Association of REALTORS® 2012 Profile of International Home Buying Activity, total residential international sales in the U.S. for the past year ending March 2012 equaled $82.5 billion, up from $66.4 billion in 2011 and evenly split between non-resident foreigners and recent immigrants.

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