European but Especially French Interest in Miami Market Continues to Grow

It will not come as a surprise if within a decade Europeans will become almost as numerous and influential as South Americans here in Miami.  Many French, Spanish, Italian, Russian investors and customers continue to search, study and invest in our city.  France ranked among the top countries searching for Miami properties on Miamire.com in April 2013, according to the 27,000-member MIAMI Association of Realtors (MIAMI). Statistics for the MIAMI website also show that South Florida, the top area in the nation for international real estate buyers, remains the focus of consumers from a diverse group of nations. Who knows we might have learn to speak French after all!

French Interest in Miami Market Grows 
France topped the list of countries—second only to the U.S—that conducted searches on the MIAMI website in April. This boost of interest is credited to MIAMI’s participation at the Salon National de l’Immobilier, which was held April 11 through 14, 2013, in Paris.

“The association’s participation in international conferences, such as the Salon National de l’Immobilier, has been an excellent way to draw new foreign buyers and investors in the Miami real estate market,” MIAMI CEO Teresa King Kinney said. MIAMI has been presenting at the Salon National de l’Immobilier since 2005.

The top countries for consumers searching South Florida properties on Miamire.com (Miami Association of Realtors Property Search) in April 2013 remained the same as the previous month, with interest growing most among foreign buyers and investors in France, Brazil, and Canada:

April 2013	April 2012
1.    United States	1.  United States
2.  France	2. Canada
3. Brazil	3. Brazil
4. Canada	4. Spain
5. Colombia	5. Colombia
6. Venezuela	6. Uruguay
7. Germany	7. France
8. Italy	8. Venezuela
9. Argentina	9. Argentina
10. India	10. India

“These results show a strong and growing demand from foreign buyers and investors in Miami real estate,” said 2013 Chairman of the Board of the MIAMI Association of REALTORS Natascha Tello. “Miami remains a hub of global activity, drawing consumers from various countries. This strength differentiates us from the rest of the U.S. and fuels our vibrant real estate market.”  * This article was originally published by Miamire.com

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