Foreign investment in residential real estate drops in Florida: report

Foreign investment in Florida homes fell over the past year, according to a report from the Florida Realtors. Foreign buyers spent $22.9 billion between August 2017 and July 2018, down 5 percent from the previous year. They made up 19 percent of the market, compared to 21 percent a year earlier, and purchased 15 percent fewer homes, down to 52,000 properties. Experts have attributed the drop in foreign investment in part to the strength of […]

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