2026 NAR Report Released: Florida Ranks No. 1 Again for Foreign Buyers

Ozan Hoşgör, CIPS®, RSPS® | United Realty Group

Florida captures 20% of foreign buyers in NAR’s 2026 report, as Turkish investors rank among the top 5 buyer groups in Miami’s new construction market.

MIAMI, FL, UNITED STATES, August 19, 2026 /EINPresswire.com/ -- The National Association of REALTORS^® (NAR) has released its annual “2026 International Transactions in U.S. Residential Real Estate” report. Revealing $45.3 billion in total U.S. residential real estate purchases by international buyers, the report confirms that Florida remains the top choice for foreign investors, accounting for 20% of all international transactions.

At the local market level, data from MIAMI REALTORS^® highlights strong demand from specific international markets, showing that buyers from Turkey ranked fifth among top foreign buyer countries in local new construction, pre-construction, and condo-conversion developments.

Florida-licensed real estate professional Ozan Hoşgör, who holds the Certified International Property Specialist (CIPS) and Resort and Second-Home Property Specialist (RSPS) designations, evaluated NAR's national findings alongside local South Florida metrics to provide insight into international purchasing behavior.

48% of International Buyers Pay All-Cash
According to the NAR report, the average purchase price among international buyers reached $669,500, with a median price of $465,000—outpacing the U.S. national median home price of $413,600 during the same period.

Highlighting the financial strength of global buyers, CIPS-designated specialist Ozan Hoşgör noted that 48% of all international purchases were all-cash transactions, compared to 28% among all U.S. existing-home buyers.

"In today's higher interest rate environment, international buyers are increasingly utilizing available liquidity to make direct cash purchases rather than securing traditional financing," said Hoşgör. "This high percentage of cash transactions reflects the financial capacity of international capital and underscores why foreign buyers remain a resilient force in the U.S. housing market."

Florida Leads Nationally; Turkish Buyers Focus on Miami Pre-Construction
While Florida maintained its overall national leadership with 20% of foreign purchases—followed by California (19%) and Texas (12%)—local market dynamics in South Florida reveal distinct buying preferences.

"The national NAR report provides a macro view across all 50 states, where smaller international buyer segments may not appear in top national ranks," explained Hoşgör. "However, looking specifically at South Florida, MIAMI REALTORS^® data shows Turkish buyers consistently ranking among the top five international buyer groups for new construction and pre-construction developments. Foreign investors today are not just buying U.S. property broadly; they are targeted, placing capital in high-growth coastal hubs like Brickell, Downtown Miami, and Miami Beach."

Evaluating Beyond the Purchase Price
Hoşgör emphasizes that international buyers in South Florida are performing deeper due diligence than in previous cycles, evaluating comprehensive ownership costs alongside initial acquisition prices.

"Today’s international buyer is taking a holistic approach," added Hoşgör. "They are thoroughly analyzing the developer's track record, payment structures during construction, projected completion schedules, HOA fees, insurance expenses, and intended use before moving forward."

About Ozan Hoşgör
Miami Turkish Realtor Ozan Hoşgör is a Florida-licensed real estate professional with United Realty Group in Miami, Florida. Holding prestigious industry designations including CIPS (Certified International Property Specialist) and RSPS (Resort and Second-Home Property Specialist), Hoşgör is an active member of NAR, MIAMI REALTORS^®, and the International Real Estate Federation (FIABCI). He provides specialized advisory and bilingual real estate services to international buyers and investors across Miami, Miami Beach, Brickell, and South Florida.

Media & Client Contact:

General Real Estate: www.ozanhosgor.com

Miami Pre-Construction Projects: www.miamitr.com

OZAN HOSGOR
United Realty Group
+1 305-812-0770
ozanhosgor@gmail.com
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