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.
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.
“Miami continues to be a top choice for Brazilian buyers who feel at home in Miami and are attracted by the local lifestyle, culture, and thriving real estate market,” MIAMI Chairman of the Board Natascha Tello said. “Our relationships further boost already strong interest in our market, as affluent Brazilians prefer Miami over any other market in Florida and the U.S.”
The top five countries searching South Florida properties on Miamire.com (Miami Association of Realtors Property Search) in May 2013 remained the same compared to the previous year, but figures show growing interest among foreign buyers and investors in Brazil, Canada, and Venezuela:
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“A growing number of buyers from worldwide markets are showing interest in all that Miami has to offer, as our website becomes a top portal for international consumers,” said 2013 MIAMI Association of REALTORS Residential President Fernando I. Martinez. “Foreign buyers and investors know that Miami and South Florida offer profitable opportunities and want to preview what’s available and take advantage of the local affordability combined with world-class amenities.”
Miami Top Market for U.S. and Foreign Consumers
Nationally, Miami is consistently one of the top markets for most of the highest ranking countries searching for property in the U.S. Miami again ranked second only to Los Angeles among the top ten overall most searched U.S. cities by non-U.S. consumers throughout the month of May 2013 on Realtor.com® & Realtor.com® International. Fort Lauderdale ranks tenth. If the Miami-Fort Lauderdale real estate market were combined, the ranking would be even higher.
Nationally, Miami is consistently one of the top markets for most of the highest ranking countries searching for property in the U.S. Miami again ranked second only to Los Angeles among the top ten overall most searched U.S. cities by non-U.S. consumers throughout the month of May 2013 on Realtor.com® & Realtor.com® International. Fort Lauderdale ranks tenth. If the Miami-Fort Lauderdale real estate market were combined, the ranking would be even higher.
- Los Angeles, CA
- Miami, FL
- Las Vegas, NV
- Orlando, FL
- Washington, DC
- Houston, TX
- New York, NY
- San Diego, CA
- Atlanta, GA
- Fort Lauderdale, FL
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