NBC-2 reports that 25% of all homes sold in Collier County are to foreigners. Attracting new buyers with exchange-rate goosed dollars to the market is truly the best way for us to pull this housing market up and out of the downturn. Over the past year, the top foreign countries for visitors to my real estate web site are: Canada (7.3%); Germany (1.1%) and United Kingdom (.9%).
Estero, with its location close to Naples and the beautiful Estero Island beaches, is a Southwest Florida community popular with foreign buyers.
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About 10% of my sales are Canadians. Either for second homes or investment.