Orlando is Second Most Desired Florida City for Foreign Homebuyers
December 03, 2018 / Michael Gerrity
According to the National Association of Realtors 2018 Profile of International Residential Real Estate Activity in Florida, Orlando held steady in 2018 as the #2 destination of choice for Florida's international homebuyers. Nine percent of all of Florida's international homebuyers opted to purchase a property in Orlando. "The international real estate market is important to the sustainment of both Orlando's real estate industry and its overall economy," says Orlando Regional Realtor Association President Lou Nimkoff. "The profile's results show that foreign buyers accounted for approximately 11 percent of the Orlando-Sanford-Kissimmee Metropolitan Statistical Area's 44,000 home sales during the study period of August 2017 through July 2018."