Investor Presentaiton

Intended Use of Property International buyer preferences for the type of property and location are tied to their intended use of the property. The share of Florida international buyers planning to use their purchase as an investment rental and/or a vacation home was 64% in 2023, which is down slightly from the 72% observed in 2022. True to their reputation, Canadian buyers are naturally snowbirds, with nearly one in two (52%) indicating they plan to use their property as exclusively as a vacation home. U.K. buyers were not far behind, at 43% Argentines (66%) and Columbians (47%), on the other hand, are among the nationalities most likely to use their purchases exclusively as rentals. Among the top five international-buyer countries, Brazilian buyers are most likely to use their property as a primary residence (29%). Florida's International Buyers Expect to Rent or Visit Share of International Buyer Purchases for Income or Vacation Use Florida 64% U.S. 50% Canadian and British Buyers Seek Vacation Nests, While Argentine and Colombian Buyers Seek Rental Income Intended Use of Property Among Florida's Major International Buyers Vacation Home | Residential Rental | Both Vacation and Rental | Primary Residence | Student Use | Other | Don't Know Canada Colombia 13% Brazil Argentina 8% 32% 52% United Kingdom 43% 2023 Profile of International Residential Transactions in Florida 47% 17% 23% 8% 66% 11% 12% 5% 3% 12% 15% 8% 4% 29% 6% 6% 13% 6% 8% 22% 14% 7% 6% © Florida Realtors®, all rights reserved. 16

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