Foreigners seek U.S. homes in sunny states

Nearly one in five Realtors has sold a U.S. home to an international client in the past year, with the majority of those sales occurring in the Sun Belt states, according to new research by the National Association of Realtors.

The 2007 NAR Profile of International Home Buying Activity is the most comprehensive research that NAR has conducted to explore the characteristics of second-home purchases in the United States made by international clients. An international client is a foreign citizen living abroad who has legally entered the United States to purchase a home.

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