| The types of homes in the USA that are desirable to | | | | most popular types of homes for international buyers, |
| foreign investors have increased substantially. With the | | | | accounting for 18% of all foreign real estate purchases. |
| weak dollar, and the collapse of the housing market, | | | | Especially in resort areas, where condominium building |
| the inventory of houses for sale in the US has | | | | flourished during the housing bubble, builders are |
| skyrocketed, while prices have plummeted. For | | | | desperate to get their inventory off their books, and |
| foreigners looking to invest, or to find a vacation home | | | | great deals can easily be had. A story out of Florida |
| within the states, there has never been a better time | | | | recently highlighted this problem very well. A 32 story |
| to look into the US real estate market. | | | | condominium unit had just one tenant in the whole |
| Here are the three types of homes in the USA you | | | | building. |
| can find for sale: | | | | Many international buyers also prefer condominiums |
| 1. Residential Single Family Homes: This has always | | | | due to the lack of upkeep, and the amenities that are |
| been the most popular choice with foreign buyers, as | | | | usually offered within the complex. |
| well as domestic purchasers. A recent survey done | | | | 3. Townhouses: Townhomes come in third popular for |
| by the National Association of Realtors showed that | | | | foreign investors. Only 8.9% of international buyers end |
| 69% of international buyers bought detached, single | | | | up buying these. One reason for this is that there |
| family homes in the United States. | | | | simply aren't as many of them as compared to single |
| This is partially due to the draw of the suburbs, with | | | | family homes or apartments and condominiums in the |
| 45% of international investors buying there. The main | | | | United States. |
| reason, however, is that investors have typically been | | | | Another reason is that many of them have been built |
| able to get the most bang for their buck with these | | | | in places that have kept their value fairly well during the |
| types of properties. | | | | recession, so they're not really the best deal for |
| Residential homes have been at the forefront of the | | | | buyers. |
| housing crisis, especially in areas like California, Nevada | | | | Perhaps more important than the types of homes |
| and Arizona. These are the markets that experienced | | | | available, is the enormous amount of them currently for |
| double digit home price appreciation during the housing | | | | sale. Investors are able to be very discerning in their |
| bubble. When it burst, these are the areas where | | | | choice, as sellers compete in an extremely competitive |
| prices dropped most dramatically. | | | | buyer's market. With the types of homes in the USA |
| This segment is also expected to be the leading factor | | | | currently for sale, and the housing industry projected to |
| in the recovery of the housing market. It is not only the | | | | make a comeback in the near future, it's the perfect |
| place for the best prices, but the place where many | | | | time for international investors to step into the US real |
| investors expect to see their best returns. | | | | estate market. |
| 2. Condominiums/Apartments: These are the second | | | | |