Florida dominates list of us's overseas buyer markets

International interest in US real estate is growing fast with Florida, Arizona, New York, Hawaii and Nevada the states topping the list, according to a new report.

Florida dominated news service Inman’s ’10 Hot Spots for Global Homebuyers’ report, locking out the entire top five.

"While many Americans have shied away from home purchases due to the economic downturn, a growing number of cash-rich foreign investors are seizing the opportunity to snap up U.S. homes at bargain prices," says Andrea Brambila of Inman in the report introduction.

Source: OPP.org.uk