Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 348

Colombia Leads the World in South Florida Real Estate Online Searches

Posted by fidest press agency su sabato, 30 aprile 2016

Miami-skyline-for-wikipediaMIAMI —Colombia registered the most global searches for South Florida real estate, according to new statistics from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal,, in February 2016. Colombia has now led the rankings for three consecutive months.
Venezuela and Brazil finished second and third, respectively. Brazil — which posted the most searches for 13 consecutive months through June 2015 — placed third for the first time since November 2013. The February 2016 MIAMI statistics also revealed surging interest from the Philippines, the world’s 12th-most populated country, and the United Kingdom.“Despite the strength of the U.S. dollar, international home buyers continue to search, buy and invest in Miami real estate,” said Mark Sadek, the 2016 MIAMI Chairman of the Board. “With 51 percent of its population foreign born, Miami has a unique history of welcoming and embracing all cultures. International home buyers feel at home here.”
Colombian home buyers tied with Argentinians in purchasing the third-most Miami real estate among foreign countries, according to the 2015 Profile of International Home Buyers in Miami Association of Realtors Business Areas. Colombia registered 10 percent of all foreign Miami transactions, according to the survey conducted by MIAMI and the National Association of REALTORS. Only Venezuelan (13 percent) and Brazilian (12 percent) buyers purchased more.
Colombians moving to South Florida are often upper-middle-class families who want to enjoy their prosperity earned in their homeland as professionals and entrepreneurs. Colombians spend the second-most on South Florida property among foreign buyers. The $516,000 average purchase price of Colombians tied with Argentina and only trailed Brazil ($766,000), according to the 2015 survey.
Philippine and United Kingdom buyers increased their online interest in South Florida real estate in February 2016. The Philippines have now placed fifth, the country’s highest finish, for three consecutive months. The United Kingdom improved from last month’s eight-place ranking to finish seventh.


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