Wednesday, November 16, 2011

South Florida a real estate target for American buyers, too

South Florida is the number one destination for would-be American real estate purchasers from places like Washington, Atlanta and New York City, the Miami Herald reported. "Despite the big price declines, and probably because of the big price declines, we're seeing so much inbound search activity from people within Florida and especially from outside Florida," said Jed Kolko, Trulia's chief economist. Miami-Dade had one of the highest number of Internet searches by those looking to move into the county, as compared to those moving out.

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