Cinco de Mayo recognizes the Mexican army’s triumph over France at the Battle of Puebla on May 5, 1862.

While today gives us a chance to celebrate Mexican culture here in the U.S., many of our Mexican friends own property here.

According to NAR’s 2016 Profile of International Activity in U.S. Residential Real EstateMexico ranked fifth in purchases by residents both in sales by dollar volume and total transactions.

Most buyers from Mexico purchased properties in Texas and California, which are both geographically close and culturally similar to Mexico. North Carolina, Illinois and Florida were also major destinations. Check out the charts below for more info on Mexican buyers:

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Source: Newsline

Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission.


This Article Appears Courtesy of Steven Diadoo

Steven Diadoo, Licensed Realtor in MN with BRIDGE REALTY and best-selling author of 'Road to Success' with Jack Canfield (Chicken Soup for the Soul), Board Member at Bowling for Brains Non-Profit 501(c)3 (Event to benefit the American Brain Tumor Association), licensed Realtor with Bridge Realty, Seen on DIY TV, Create Channel and PBS. For help buying and/or selling a house, please call (952) 270-6141 or Click here.