Out of state love


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  • | 11:00 a.m. December 2, 2016
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Even in a state normally loaded with people from somewhere else, Florida could be seeing more non-natives.

That's because the state is a national leader in the total amount of non-owner occupied/single-family investment homes purchased by an out-of-state investor, according to a new survey from Attom Data Solutions. Florida has 365,959 single-family investment homes owned by out-of-state residents, according to the survey from Attom, parent of real estate data analytics firm RealtyTrac. The next closest states are North Carolina, with 202,431 single-family homes owned by a resident of another state, and Tennessee with 185,116.

In specific regions, Lee County, led by Cape Coral, is ranked No. 3 in investment homes owned by out-of-state investors, the survey adds. The leaders are Maricopa County, Arizona, home to Phoenix, and Clark County/Las Vegas. In total, according to the survey, out-of-state investors own 3.4 million single-family investment homes nationwide. That's 16% of all single-family investment homes.

 

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