Foreign buyers gobbling up Tampa Bay properties

To attract foreign investors, Henderson used slick marketing materials detailing his many East Bay business proposals. that Henderson spent $42 million on real estate in Oakland from 2012 to 2014,

With years of experience in the Tampa Bay area including fixer-uppers, investment/income properties, REOs, renovation loans, code enforcement issues and foreign buyers and sellers, there’s no surprises. And even if there are, we’ve got this or know someone who can resolve it.

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The nine counties of the San Francisco Bay Area make up a sought-after real estate market that includes a wellspring of exceptional properties. According to the U.S. Census Bureau, the Bay Area is one of America’s wealthiest metro areas, with double-digit percentages of households earning at least $191,000 annually in many communities.

Sales of single-family homes in Pinellas soared 40.5 percent last month compared to the same period a year earlier while sales for all of 2014 rose 9 percent. Across the bay in Hillsborough, home.

The Bay Area, long a target for the perception that skyrocketing home sales prices have been fueled by cash transactions from foreign or tech buyers, barely made it into the top 50 markets seeing.

As residents of the Tampa Bay area, we specialize in the Tampa Real Estate and surrounding areas of Saint Petersburg, Clearwater, Land O Lakes, Wesley Chappel, etc. We help both Buyers and Sellers, including those out of state and out of the country.

"America offers equal private property rights protection to U.S. residents and foreigners," says Yun. "That’s the big attraction as to why foreigners buy in the U.S. But the drawback is that foreign buyers could be gobbling up properties at the expense of U.S. homebuyers, particularly young, first-time homebuyers.

Overall, 284,455 U.S. properties were bought by foreign buyers, up 32 percent from 2016. Amid U.S. real estate buying binge by foreign investors, Florida remains first choice

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