Data suggests that these homes are mostly viewed as investment opportunities

According to a 2025 report from the National Association of Realtors, which tracked data from April of 2024 to March of this year, 15% of all foreign buyers who purchased a residential property in the U.S. bought in California. Fifty-seven percent of buyers who purchased property in California were from Asia/Oceania, followed by Latin America at 18%, the report said.