According to this report by Inman News, Hawaii ranks #8 among 10 U.S. hot spots for global home-buyers. The majority of the markets are recognized as tourist destinations.

The markets in this report were chosen based on the percentage of all homes sold in the area from May 2011 through January 2012 for which a foreign mailing address was listed for the buyer on the property deed.

Canada, the largest source of foreign buyers in the U.S., is experiencing their own real estate boom fueled by foreign investment.