Indonesia
Turkey
Albania
Honduras
United States
Romania
Germany
Yes it is local in as much as generally buyers want to buy in a certain location.
In the 80's, the Japanese bought a great deal of property in the U.S. and recently the Chinese have been buying in Florida and all over the World. Not to leave out Indians, the Brits and others seeking the best locations to invest.
Did you know that the largest overseas investors are the British? Now that the Dollar is down, British Buyers and others from Overseas see an opportunity in the U.S. Real Estate Market and Markets through out the Globe because the Exchange Rate gives them an automatic discount on what they buy.