Florida is the most popular destination for overseas purchasers, accounting for 20% of the total in the country. California came in second with 16%, followed by Texas, Arizona, New Jersey, and New York. International purchasers prefer to invest their money in the safety and security of US real estate rather than what is going on politically in their home countries. Along with the removal of restrictions, overseas purchasers have reaped the rewards of massive wealth creation throughout the pandemic, as asset values and the stock market have increased. Now that they have plenty of cash, the world's wealthiest are looking for showcase assets.