Tuesday, August 5, 2014

The types of homes purchased by international customers tend to be different types of houses bought


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The residential real estate market in the U.S. has become a Mexican investment preference to strong national housing crisis, and also led to the favorable conditions in the United States. We will review in detail some interesting statistical data published by the National Association of Realtors U.S. at its [...]
The residential real estate market in the U.S. has become a Mexican investment preference to strong national housing crisis, and also led to the favorable conditions in the United States.
We will review in detail some interesting statistical data published by the National Association of Realtors U.S. in its latest annual report (NARProfile of International Home Buying Activity) with respect to the preferences of international investors in the U.S. market, including the Mexican representing cinemark bh the 3rd international cinemark bh purchases.
TYPE OF RESIDENTIAL PROPERTY AND USE PREFERRED Typically, international buyers cinemark bh purchase homes alone (Single Family concept somewhat unknown in Mexico, which involves separate houses each other), which they use as primary residence for a period of 6 months average .
International Students in Universities cinemark bh and Colleges in the U.S., recent immigrants, employees and managers and professionals who come temporarily extended time but used the home as a primary residence. Resident aliens without status are limited to stay in the U.S. only up to 6 months, so they buy the property or investment rentals rent to put purposes, and as an investment medium and long term (Charts 1 and 2).
TREND OF PRICES AND FUNDING Approximately 54% of international purchases were reported on average $ 250,000. Based on reported transactions, the average price of international shopping is superior compared to the average price of domestic purchases. cinemark bh
The types of homes purchased by international customers tend to be different types of houses bought by the U.S. internal customer. For example, non-resident international customers are usually more financially healthy than domestic buyer, and go looking for a property to the American market as a trophy, and most are probably looking for a property to be purchased after you have resolved the issue of needs first.
International sales are concentrated geographically segmented and International market for homes for sale in the U.S. appears to be concentrated in terms of the country of origin of buyers and favorite the same destinations.
The proximity to the country of origin, presence of family, cinemark bh friends or asicados, employment or education cinemark bh opportunities, climate cinemark bh and location appear to be the most important factors considered by the international buyer. For example, cinemark bh Europeans are attracted to states with warm climates like Florida or Arizona. The west coast is preferred by Asian buyers. cinemark bh
It is speculated that the recommendations (the famous "Word-of-Mouth") and shared experiences cinemark bh influence the purchase. The 4 most important states cinemark bh in terms of number of buyers in 2013 were: Arizona 9% of total purchases; California: 17% of total purchases; Florida: 23% of total purchases; and Texas: 9% of total purchases (Figure 3).
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