Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 34 n° 316

The Miami/Fort Lauderdale Market Accounts for Half of All International Home Sales in Florida

Posted by fidest press agency su giovedì, 26 novembre 2015

miamiMIAMI — South Florida has long ranked as one of America’s top places for international home buyers because of its world-class amenities, global business center and proximity to Latin America, according to the MIAMI Association of REALTORS® (MIAMI). A new survey by the National Association of REALTORS®, completed in cooperation with Florida REALTORS®, recently emphasized that point as it showed Miami/Fort Lauderdale market accounting for 50 percent of all Florida international home sales from June 2014 to June 2015.South Florida’s sizable foreign buyer share is significant not only because international consumers are adding to Miami’s world-renowned diversity and entrepreneurial businesses, but because they are significantly impacting the local economy. International buyers spent an average of $538,600 on Florida property, according to the survey. That is considerably higher than the $258,200 median price of Florida residential sales in the same period.“This survey puts into perspective the tremendous appeal South Florida has with international home buyers,” said John Dohm, the MIAMI Chairman of the Board. “From Brazil to China to Venezuela to Western Europe and beyond, foreign buyers want to own a piece of Miami and Fort Lauderdale real estate. In a short period of time, South Florida has developed into a global region with state-of-the-art infrastructure, a diversified economy and world class arts and entertainment. International and domestic buyers yearn to own a part of Miami real estate, not only for themselves but for their children.”
Miami-Miami Beach finished as the top location in the entire state for foreign buyers, the survey found. About 36 percent of all international housing deals occurred in the Miami area. Fort Lauderdale had the second-most foreign home purchases among Florida cities, registering 14 percent of all transactions.


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