The declining percentage of foreign buyer
purchases in resort areas can be traced to the decline in the share of Canadian and U.K. buyers who tend to purchase property for vacation use and / or to rent out.
Among non-resident foreign buyers, only 13 percent
purchased in a resort area compared to one percent among resident foreign buyers.
The percentage of foreign buyers purchasing property in a resort area has declined, while only six percent of resident foreign buyers
purchased in a resort area.
Non-resident foreign buyers more likely to purchase property in a resort area: 16 percent of non-resident foreign buyers purchased a resort property, while only three percent of resident foreign buyers
purchased in a resort area.
Meanwhile, the fraction of foreign buyers who
purchased in a resort area declined 14 percent from 22 percent in 2008.
Not exact matches
An increasing share of foreign buyers [1] are
purchasing property
in a central city / suburban
area, while fewer foreign buyers are
purchasing property
in a
resort area, according to NAR's recently released 2017 Profile of International Activity
in U.S. Residential Real Estate.