Miami Real Estate Increasingly Attracting Global Consumers

South Florida, the top area in the nation for international real estate buyers, continues to increasingly attract attention from consumers worldwide, according to the MIAMI Association of Realtors (MIAMI).  The top countries for consumers searching South Florida properties on Miamire.com (Miami Association of Realtors Property Search) in February 2012 compared to February 2013 were from:
February 2013……………………………………………………….February 2012
1. United States …………………………………………………….1. United States
2. Brazil…………………………………………………………………..2. Canada
3. Colombia…………………………………………………………….3. Brazil
4. Canada ……………………………………………………………….4. Colombia
5. Venezuela ………………………………………………………….5. Argentina
6. Argentina …………………………………………………………..6. India
7. France ………………………………………………………………..7. Venezuela
8. Spain ………………………………………………………………….8. Italy
9. Peru …………………………………………………………………..9. U.K.
10. U.K/India/Mexico/Greece/Italy/Philippines..10. Spain

Miami has long attracted international buyers and investors, but now we are seeing increasing interest from new markets such as Mexico, the U.K., and Asia” — Natascha Tello, 2013 Chairman of the Board of the MIAMI Association of REALTORS

Nationally, the Miami-Fort Lauderdale area is consistently one of the top markets for most of the countries (outside the U.S.) where global consumers were most engaged on Realtor.com® & Realtor.com® International in January 2013 were:

  • *Canada: Chicago, Las Vegas, Orlando, Fort Lauderdale, Los Angeles
  • U.K.: Los Angeles, Orlando, Beverly Hills, Kissimmee, Houston
  • Australia: Detroit, Los Angeles, New York, Las Vegas, Beverly Hills
  • Ireland: Los Angeles, Orlando, New York, Boston, Chicago
  • *Germany: Los Angeles, San Antonio, Colorado Springs, Miami, Las Vegas
  • Japan: San Diego, Jacksonville, San Antonio, Honolulu, Las Vegas
  • *India: Los Angeles, Chicago, Las Vegas, Chicago, Dallas, Miami
  • Mexico: San Diego, San Antonio, Laredo, El Paso, Calexio
  • China: Los Angeles, Las Vegas, San Francisco, Chicago, New York
  • France: Los Angeles, Miami, Miami Beach, Las Vegas, San Francisco
  • *Netherlands: Los Angeles, New York, Miami, Orlando, Las Vegas
  • *Italy: Miami, Los Angeles, Miami Beach, New York, San Diego
  • *Brazil: Orlando, Miami, Los Angeles, Miami Beach, Boca Raton
  • *Russian Federation: Los Angeles, New York, Miami, Orlando, Chicago
  • Philippines: Las Vegas, Los Angeles, Houston, San Diego, Phoenix
  • *Spain: Miami, Los Angeles, New York, Miami Beach, San Diego
  • *Switzerland: Miami, Los Angeles, Raleigh, Fort Lauderdale, Miami Beach
  • South Korea: Los Angeles, Irvine, Colorado Springs, Las Vegas, San Antonio
  • *Sweden: Los Angeles, New York, Miami, Fort Lauderdale, Naples
  • New Zealand: Los Angeles, Calabasas, Detroit, Las Vegas, San Francisco

*Country with Miami or Fort Lauderdale as top searches

Based on the 2012 Miami International Market Report, Miami attracts a significant number of
buyers from countries not reflected in property search rankings above, including Venezuela,
Colombia, Argentina, Peru, and Ecuador. For the latest information on who is buying in South
Florida, go to http://www.miamire.com/international/resources.

Buyers from countries such as India, Germany, Sweden, and the Netherlands were not actively seeking to invest in Miami, but clearly this trend has changed significantly in the current market” — Fernando I. Martínez, 2013 MIAMI Association of REALTORS Residential President

Miami 4th Most Searched U.S. City by International Consumers

Miami ranks fourth behind Chicago, Los Angeles, and Detroit among the top ten overall most
searched U.S. cities by non-U.S. consumers throughout the month of January 2013. Fort
Lauderdale ranks eighth. If the Miami-Fort Lauderdale market were combined, the ranking
would be even higher.

1. Chicago, IL
2. Los Angeles, CA
3. Detroit, MI
4. Miami, FL
5. Las Vegas, NV
6. Orlando, FL
7. New York, NY
8. Fort Lauderdale, FL
9. Houston, TX
10. Atlanta, GA

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