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Old 11-08-2021, 04:18 PM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,473 posts, read 6,654,330 times
Reputation: 6788

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Now that the US has lifted its international travel ban certain cities used to significant foreign investment, such as NYC and Miami, can expect a surge in prospective buyers:

https://www.google.com/amp/s/thereal...gn-buyers/amp/
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Old 11-08-2021, 05:24 PM
 
Location: Sandy Eggo's North County
10,436 posts, read 7,030,779 times
Reputation: 17152
I doubt a "surge."

They've been buying, all along. It's just that now they can actually move in...
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Old 11-08-2021, 08:23 PM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,473 posts, read 6,654,330 times
Reputation: 6788
Speaking for Miami, sales during the past year and a half were driven mostly by domestic buyers. That will now change with the lifting of the international travel ban.

“Five years ago, 75% of our sales were to foreign buyers, mostly from Latin America, Central America and the Caribbean,” Mr. Studnicky said. “Last year, 90%t of our buyers were from the U.S., so that’s a huge change.”

https://www.google.com/amp/s/www.man...mi-01633260965


https://www.google.com/amp/s/www.mar...ck-11632328868

Quote:
Originally Posted by NORTY FLATZ View Post
I doubt a "surge."

They've been buying, all along. It's just that now they can actually move in...

Last edited by elchevere; 11-08-2021 at 08:34 PM..
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Old 11-10-2021, 11:13 PM
 
Location: Corona, CA
17 posts, read 10,003 times
Reputation: 25
Default I don’t think it will explode

As the economies are dwindling around the world, many would still be wary about making international investments.
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