Miami Continues to be The Top Choice for Brazilian Buyers

Miami continues to be the top choice for Brazilian Buyers who feel at home in Miami and are attracted by the local lifestyle, culture and thriving real estate market.Brazil ranked among the top countries searching for Miami properties on Miamire.com in May 2013, according to the 27,000-member MIAMI Association of Realtors (MIAMI). Trends also show that South Florida remains the top area in the nation for international real estate buyers and consumers, evidenced by statistics from the MIAMI website, which has received more than one million visits between January and May 2013.

 Brazilian Interest in Miami Market Grows 

Brazil topped the list of countries—second only to the U.S.—that conducted searches on the MIAMI website (www.miamire.com) in May. MIAMI is the ambassador association for the National Association of Realtors to SECOVI-SP in Brazil and has conducted extensive outreach to Brazilian agents and buyers since 1996.  SECOVI-SP was MIAMI’s first international partner association.  Today MIAMI has more than 100 partnerships with real estate associations worldwide, including FENACI, COFECI, and Balneario Camboriu also in Brazil. 

MIAMI also shares listings with associations in Brazil through its landmark International Data Exchange, which further promotes MIAMI members and the South Florida market. As a result, Brazilian buyers consistently rank in the top three countries of origin investing in Miami real estate, according to the 2012 Miami International Market Report. * Source Miami Association of Realtors.

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com  

Miami Real Estate Remains Trending Up

Florida, and particularly Miami, has always been a hub of international real estate investment. Last year, Brazilians and Canadians were driving demand for property, followed closely by Spain. Now, though, French investors are flocking to Florida, attracted by the USA’s high affordability, especially in the wake of tax hikes in their own countries. All these factors have contributed to the great demand and popularity that our local real estate market enjoys.

Miami market remains trending up according to the last report of the Miami Association of Realtors. The Miami-Dade County real estate market appears to still be going strong.

Single-family home sales surged 18.5 percent in May 2013 compared to May 2012, according to the Miami Association of Realtors.

The association also bragged that condominium sales increased 3.9 percent.

"Miami continues to attract worldwide attention, as foreign and domestic buyers flock to our exciting city," said Natascha Tello from the Miami Association of Realtors. 

"The local lifestyle, global business environment, and strategic location between Latin America and Europe are driving population growth that is fueling strong demand for property sales and rentals.."

The association also reported the average sales price for single-family homes in Miami-Dade County in May increased 10.8 percent to $408,021,

The average sales price for condos increased 20.5 percent to $370,843.  * Source: Miami.re and Local 10 News SF.

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com