Foreign investors are pouring billions into the U.S. housing market, according to the National Association of Realtors.

Foreign buyers purchased more than $68 billion worth of U.S. residential real estate over the 12 months ending March 2013. That’s approximately 6.3 percent of the total U.S. Existing Homes Sales (EHS) market of $1.08 trillion for the same period.

International buyers frequently pay all cash with about 63 percent of reported transactions being cash purchases. How the payment is made depends of course on the buyer, country of origin and type of property they are purchasing. 

Mortgage financing for international clients can be tricky because of a lack of U.S. based credit history, lack of a Social Security number and difficulties in documenting mortgage requirements and financial profiles. However, with the right people and right documents in place, foreign investors can obtain U.S. backed financing.

There are some truly spectacular homes here on Oahu - from CEO villas to celebrity estates, the assembly of luxury homes in our corner of the world is nothing short of spectacular. So if you are in the market for a new home, and have a few million dollars extra kicking around, here’s a few homes to choose from right now.

210 N Kalaheo Avenue - Kailua, HI 96734

MLS #: 1212126

$24,950,000 

• 8 Bedrooms
• 8 Full baths
• 3 Half baths
• 10,344 SQ FT
• Land Area: 65,140 SQ FT

Truly a resort within itself! This stunning Kailua beachfront estate spans from street to Pacific Ocean with over 65,000-plus SQ FT of tropical grounds. An exquisite residence with over 10,000 SQ FT of lavish living space plus a gorgeous separate three bedroom guest house. Fashioned by renowned designers Kerr-Michaels and expert craftsmen, this home is about elegant detail with rich hardwoods and pocketing glass walls that open to sandy shores and turquoise waters. Your own private paradise! Property listed by Coldwell Banker Pacific Property.