Florida tops states where foreigners purchase property

http://naples.floridaweekly.com/news/2016-07-21/Real_Estate_News/Florida_tops_states_where_foreigners_purchase_prop.html

It is very easy to understand why international buyers choose Florida and half of them are paying in cash! With all the European issues, maybe we will see even more purchases.

Five states account for half of foreign buyer purchases. Slightly over half of all foreign buyers purchased property in Florida (22 percent), California (15 percent), Texas (10 percent), Arizona or New York (each at 4 percent).

Exactly half of all international transactions were all-cash purchases, which was slightly down from a year ago (55 percent)