Investor Presentaiton
Financing
Close to two-thirds of Florida's international buyers purchased a property
entirely with cash. This statistic has been consistent over the past several
years and shows a difference from the national trend, where only 42% of
U.S. international residential purchases were paid in all cash.
Following cash transactions, using a U.S. mortgage is the next most
common option selected by international buyers. The remaining
purchases are financed either through a mortgage from their home
country, investors, or other means.
Not all international buyers are the same. Ninety-one percent of
Argentines and 81% of Canadians made an all-cash purchase. This
correlates with their high share of non-resident (Type A) buyers who are
not eligible for a U.S. mortgage. Brazilian buyers are more evenly split
between purchases in cash and purchases financed through a U.S.
mortgage.
Florida's International Buyers More Likely to Pay in Cash
Cash Sales as a Percentage of International Buyer Purchases
Florida
62%
Argentine and Canadian Buyers More Likely to Make All-Cash Purchases
Financing Among Florida's Major International Buyers
U.S.
42%
All Cash | U.S. Mortgage | Home Country Mortgage | Investors/Other | Don't Know
All Florida
Canada
Colombia
62%
57%
Brazil
55%
Argentina
United Kingdom
2023 Profile of International Residential Transactions in Florida
70%
81%
91%
32%
39%
40%
26%
3%
16%
3%
9%
4%
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