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International Buyers in the Orlando Market

According to the most recent issue of Orlando Realtor, a publication of the Orlando Regional Realtors Association (ORRA), some 12% of Florida homes sold to international buyers in 2016 were Orlando properties (5640 homes) making Orlando second only to Miami/Ft. Lauderdale for most international transactions last year (Tampa/St. Pete was third).

Orlando’s international buyers in 2016, arranged by country are as follows:

Brazil        19%

UK            15%

Canada      8%

Venezuela 7%

China        4%

Colombia 4%

Argentina 4%

Germany   4%

Interestingly, Brazilian buyers accounted for 19% of Orlando sales in 2015 as well, but the proportion of sales to buyers from the United Kingdom dropped this last year from 28% in 2015. Properties purchased by foreign buyers are higher priced than the median price for the area and a high proportion of them are cash purchases (72%). Of the group above, the Orlando Realtor reported that Canadians were most likely to purchase on an all-cash basis.

Grande Realty Team


PATTY VISCONTI
Realtor

Phone- 407-234-8426

Fax- 407-641-8627

patty@grgorlando.com

Erin Hudson
Broker Sales Associate

Phone- 407-694-3489

Fax- 407-641-8627

erin@grgorlando.com

Patty Visconti - Grande Realty Group

PATTY VISCONTI
Owner/Realtor

Phone- 407-234-8426

Fax- 407-641-8627

patty@grgorlando.com

Erin Hudson - Grande Realty Group

Erin Hudson
Broker

Phone- 407-694-3489

Fax- 407-641-8627

erin@grgorlando.com

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