Foreign Buyers choose their top 5 destinations
Foreign Buyers top 5 Destinations: We know that our tourism numbers are way down in 2026, though the FIF cup helped! Where are foreign buyers still looking to purchase? Our Coachella Valley is notoriously a destination for buyers looking for a killer winter residence, either to escape cold weather, or golf one of our 120+ golf courses. Local resident, equestrian and agent Kim Kelly, 760-285-3578.
| Top destinations, sources for foreign buyers |
After rebounding last year for the first time since 2017, foreign purchases of U.S. homes lost momentum over the last year, reflecting a broader housing market slowed by high home prices, limited inventory and elevated borrowing costs.
Coastal states continue to dominate international demand. Florida remained the top destination, attracting 20% of all foreign buyers, particularly those from Canada and Latin America. California ranked second, drawing many buyers from Asia and Latin America. Neighbors Canada and Mexico comprised the largest share of foreign home buyers, with both countries increasing their share of U.S. purchases over the past year. The share of buyers from China declined to 11%, down from 15% a year earlier, but Chinese buyers continue to spend the most: an average of $1 million.
Download 2026 International Transactions in U.S. Residential Real Estate for the authoritative data you need to understand who’s buying, where they’re buying and how they’re paying. NAR chief economist pointed out that the decline in foreign home buyer activity reflects the decline in international visitors and tourists to the United States. Even a slightly weaker dollar over the past year, although providing more purchasing power for foreigners, did not increase purchasing activity. Take a look at this gorgeous piece of real estate in our beautiful Coachella Valley.
