Miami Association of Realtors

INTERNATIONAL EDITION
April 2015
Miami...
Global Business &
Investment Destination
miamire.com
Four Consecutive Years of
Record Sales
John Dohm
2015 Chairman of the Board
Infinity Commercial Real Estate
[email protected]
TOWNHOUSES & CONDOS
SINGLE FAMILY HOMES
Single-Family Home Sales Set Another Record, Condos
Mark Second Best Year in History
% Change
Market Statistics
2014
2013
Year-Over-Year
Closed Sales
13,521
12,899
4.8%
Cash Sales - % of Closed Sales
43.3%
45.6%
-5.0%
New Pending Sales
19,550
20,281
-3.6%
New Listings
24,592
23,235
5.8%
Median Sale Price
$245,000 $225,000 8.9%
Average Sale Price
$431,827 $400,637 7.8%
Median Days on Market
45
41
9.8%
Average % of Original List Price Received
95.0%
95.6%
-0.6%
Inventory (Active Listings)
6,265
5,986
4.7%
Months Supply of Inventory
5.6
5.6
-0.2%
% Change
Market Statistics
2014
2013 Year-Over-Year
Closed Sales
16,409
17,142
-4.3%
Cash Sales - % of Closed Sales
68.6%
73.7%
-4.9%
New Pending Sales
21,606
24,630
-12.3%
New Listings
34,242
32,296
6.0%
Median Sale Price
$190,000 $175,000 8.6%
Average Sale Price
$363,539 $327,885 10.9%
Median Days on Market
57
46
23.9%
Average % of Original List Price Received
94.2%
96.8%
-2.7%
Inventory (Active Listings)
11,430
9,977
14.6%
Months Supply of Inventory8.4
7 19.7%
Median Sales Prices
single-family homes
condos*
$400,000.00
$300,000.00
$250,000.00
$200,000.00
$380,000 single-family
From Bottom in 2011
Prices Have Increased s
42% for single-family homes
& 67% for condos
$350,000.00
$272,000 condos
From Peak in 2007
Prices Dropped t
55% for single-family homes
& 58% for condos
$150,000.00
$100,000.00
$245,000 single-family
$50,000.00
$190,000 condos
Access Miami Market Stats at:
SFMarketIntel.com
2
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
$0.00
* Condo statistics were not tracked prior to 2005
miamire.com
Mark Sadek
2016 Chairman of the Board
The Keyes Co.
[email protected]
Miami’s Position as Top Market for the Wealthy
Fuels Expanding Luxury Market
In the prestigious 2015 Knight Frank Wealth Report, Miami ranked as the
sixth most important city in the world to ultra-high-net-worth individuals
(UHNWI). Miami and New York were the only North American cities to
make the top-10 list of the Wealth Report, which is issued annually by
London-based real estate consultancy Knight Frank. London, New York,
Hong Kong, Singapore and Shanghai rounded out the top-five most
important global cities.
Top Market for the Wealthy
Miami and New York are the only U.S. cities that have the world-class
amenities and the real estate to placate ultra-high-net-worth individuals
or those with a net worth of more than $30 million, according to the
2015 Wealth Report. The real estate offerings in Los Angeles, Seattle,
Houston and other major American cities rarely satisfy the world’s uberelite like those in the Wealth Report’s top 10, including Miami.
Miami offers ultra-high-net-worth individuals the ability to purchase a
luxurious home with access to superior private schools and shopping
opportunities akin to London. In addition to South Florida’s weather
and beaches, the world’s elite like Miami for its developing art scene.
The Art Basel art show draws the world’s top collectors, and the trendy
Wynwood neighborhood has gained national and global attention for
its trendy local art. The Adrienne Arsht Center for the Performing Arts
and a waterfront art museum opened recently in Miami. A new science
museum will open next year.
The lack of a state income tax also leads U.S. citizens, particularly those
living in the colder climates in the Northeast, to establish residency here.
The affluent from high tax states like New York and Connecticut can
afford to purchase more expensive homes in Miami because of the tax
structure.
Top 10 Luxury Market in the World
In 2014, Miami was named for the second year in a row by Christie’s
International Real Estate report as one of the top 10 luxury housing
markets in the world. The Christie’s report showed how homebuyers
get more for their money in Miami. The city’s average square foot price
for luxury homes was $559 in 2013 compared with $4,683 in London
(the highest on the list) and $829 in San Francisco (the lowest of the 10
markets profiled).
Miami Luxury Market Statistics
Single Family Home Sales - $1 million or more
Market Metric
2014
Percent Change over 2013
Closed Sales
968
16.6%
Median Days on the Market
90
-3.2%
New Listings
2,364
13.7%
Inventory1,080
7.0%
Sales Volume
$2.5 Billion
19.7%
Average Sale Price
$2,475,993
4.3%
Median Sale Price $1,625,000
0.8%
Condominium Sales - $1 million or more
Market Metric
2014
Percent Change over 2013
Closed Sales
1,034
7.3%
Median Days on the Market
93
3.3%
New Listings
2,916
15.1%
Inventory1,432
17.2%
Sales Volume
$2.3 Billion
13.3%
Average Sale Price
$2,129,795
8.6%
Median Sale Price $1,530,000
5.5%
MiamiMLSonline.com
3
Miami - South Florida
Top Market for Foreign Buyers
Teresa King Kinney
Chief Executive Officer
MIAMI Association of REALTORS®
[email protected]
Major Countries of Origin: International Clients Purchasing Property
12 Months Ending March of Respective Year
Top States for
International buyers
in the U.S.
30%
25%
20%
15%
10%
5%
0%
Canada
China*
India
Mexico
U.K.
Germany
France
Venezuela
2010
23%
9%
5%
10%
9%
4%
3%
1%
2011
23%
9%
7%
7%
7%
4%
4%
3%
2012
24%
12%
6%
8%
6%
3%
3%
3%
2013
23%
12%
5%
8%
5%
3%
2%
2%
2014
19%
16%
5%
9%
5%
3%
2%
2%
2015
14%
16%
8%
9%
4%
3%
3%
2%
* Includes People's Republic of China, Hong Kong, and Taiwan
Top Countries
Investing in South Florida
30%
25%
2014
State Preferences
of International Buyers
2013
2012
International
purchasers have bought property in most states, but there is significant
2011
concentration
of purchases. As in previous years, the top four states in terms of number of
foreign buyers
continued to be Florida, California, Texas, and Arizona in 2015. These states
2010
accounted for 50 percent of total reported international sales. New Jersey, New York, Illinois,
Washington, Michigan, and Hawaii were also major destinations in the 12 month period ended
March 2015. Washington, which has experienced strong technology-driven job growth, is
attracting international clients.
20%
15%
10%
5%
2nd Tier
Countries
investing in
South
Florida
Italy
Mexico
France
Canada
Colombia
Brazil
Argentina
Venezuela
0
4.0%
3.5%
3.0%
2.5%
12 | P a g e
2.0%
1.5%
1.0%
0.5%
0.0%
Spain
2014
2013
2012
2011
3%
3%
3%
4%
Region of Origin
80%
70%
60%
50%
40%
30%
25%
20%
15%
10%
5%
0
72%
Chile
2%
3%
3%
3%
2%
2%
2%
2%
Russia
People’s Reblublic
China
United
Kingdom
Germany
2%
3%
2%
2%
2%
2%
1%
1%
2%
2%
1%
3%
2%
2%
2%
2%
Nicaragua Costa Rica
1%
1%
1%
1%
Latin America/Carribean
Western Europe
Eastern/Central Europe
North America/Canada
Asia
Other
1%
1%
0%
1%
India
1%
1%
1%
1%
56%
Miami-Dade
Broward
20%
13%
2%
3%
MIAMI International Online
miamire.com/international
4
Dominican
Republic
4%
7%
5%
6%
13%
1%
Property Search News Releases
SFMarketIntel.com
miamire.com
Miami Real Estate
Top Market For
Global Consumers
Miami Top Market for U.S. &
Foreign Consumers
Nationally, Miami is consistently one of the top markets for foreign countries searching for property in the U.S. In April 2015, Miami ranked as
a top-five market for 14 of 20 foreign nations searching for real estate on Realtor.com® and Realtor.com® International. The top countries
(outside the U.S.) where global consumers were most engaged in April 2015 and the top cities they searched were:
1. *Canada: Los Angeles, Las Vegas, Fort Lauderdale, Miami, Orlando
2. *United Kingdom: Los Angeles, Miami, New York, Orlando, Kissimmee
3. Australia: New York, Los Angeles, Las Vegas,
San Francisco, Beverly Hills
4. *Germany: Los Angeles, New York, San Antonio, Miami,
Colorado Springs
5. *Brazil: Orlando, Miami, New York, Los Angeles,
Fort Lauderdale
6. *Mexico: San Diego, San Antonio, El Paso,
Miami, Laredo
7. *France: Miami, Los Angeles, New York,
Miami Beach, San Francisco
8. India: New York, Los Angeles, San Jose, Dallas, Chicago
9. *Italy: New York, Miami Beach, Miami, Los Angeles,
Fort Lauderdale
10.Japan: San Diego, Honolulu, Los Angeles, Las Vegas, Jacksonville
11.*Russian Federation: Los Angeles, New York, Miami, San Francisco, Orlando
12.*Switzerland: Miami, New York, Los Angeles,
Miami Beach, Naples
13.*Netherlands: Los Angeles, New York, Miami,
Las Vegas, Houston
14. South Korea: Los Angeles, New York, Las Vegas, Irvine,
Austin
15. *Spain: Miami, New York, Los Angeles, Boca Raton, Orlando
16. *Sweden: Los Angeles, New York, Jupiter (FL), Miami, Fort Lauderdale
17. Philippines: Los Angeles, Las Vegas, New York, Orlando,
Houston
18. *South Africa: New York, Los Angeles, Caroline (VA), Miami, San Francisco
19. Ireland: Los Angeles, New York, Orlando, San Francisco,
San Diego
20.*Finland: New York, Parkland (FL), Los Angeles, Miami, Lake Worth (FL)
*Countries with Miami and/or Fort Lauderdale as top searches.
Top Countries Searching Top U.S. Cities Searched by
South Florida Properties Int’l Consumers:
on Miamire.com
1. Los Angeles, CA
6. Fort Lauderdale, FL
1.Brazil
2.Colombia
3.Canada
4.Argentina
5.Venezuela
Source: MIAMI - 2014 (full year)
MiamiMLSonline.com
6.India
7.France
8.Italy
9. United Kingdom
10.Mexico
2. New York, NY
3. Miami, FL
4. Orlando, FL
5. Las Vegas, NV
7. San Francisco, CA
8. Houston, TX
9. San Diego, CA
10. Chicago, IL
Source: Omniture Discover - January 2015
5
Resources for
International Buyers
Lynda Fernandez, CAE, RCE, CIPS, TRC, e-Pro
Senior VP of Public Relations & International
MIAMI Association of REALTORS®
Go to: miamire.com/international/research-and-resources/buyers
Global Listing Exchange and 19-Language
Property Search
This landmark service gives consumers easy access to
property listings in 19 languages for all MIAMI members
and to the listings of all the agents in their entire global
network on the members’ webpages. Consumers
worldwide can search for properties, for South Florida and
other global markets - - Go to MIAMIMLSOnline.com
International Market Research
Enhance your knowledge of market trends and information
with national, state, and local studies on international
buyers. MIAMI cooperated with the National Association of
Realtors (NAR) to produce a NEW international study on the
South Florida area to provide powerful statistics for the top
area in the U.S. for foreign buying real estate activity. Go to
SFMarketIntel.com to download all three studies – national,
Florida, MIAMI/South Florida.
Investing in South Florida
Enterprise Florida provides information on the advantages
and incentives in relocating or investing in the State of
Florida, including 10 Reasons to Relocate or Expand to
Florida, International Business Facts about Florida, Florida
Innovations, Incentives for Investment in Florida, Florida Tax
Advantages and Targeted Sector Strategy. http://eflorida.
com/WhyFloridaSubpage.aspx?id=5444
[email protected]
Why Miami
The Beacon Council provides Miami facts and figures
as they relate to business investment and promotion in
Miami and the local area including: Miami’s Top Rankings,
Targeted Industries, Success Stories, Site Selection,
Permitting Assistance, Incentives and Financing. http://www.
beaconcouncil.com/web/Content.aspx?Page=whyMiami
Miami: See it like a Native
The Greater Miami Convention and Visitors Bureau Offers
valuable information for Miami residents and visitors alike.
Access a local Calendar of Events, Determine Where To Stay
and What To Do, Find Restaurants and Make Reservations,
and See Miami Live & Alive.
Go to http://www.miamiandbeaches.com
Buy MIAMI’s “Foreign Investors Guide”
This powerful resource features articles by attorneys on
immigration and visas for real estate investors, forms of
ownership, financing, distressed properties and starting
a business in the U.S. Articles are available in English,
Spanish, French, Russian, Portuguese, Italian, Chinese and
German. Purchase the entire Guide in all eight languages or
purchase– go to http://www.miamire.com/
And more...
RENTALS
How do I buy a property... and rent it out all or part of the time?
1. Find a MIAMI REALTOR®
2. Using a MIAMI Realtor costs you nothing to find your property – sales commissions are paid by the sellers as a part of the
closing statement.
3. Hire a MIAMI member company to rent your property – and even to manage it beyond the rental. MIAMI has many firms that
specialize in property management – and offer services such as: Marketing your property for rent or lease; Finding, screening
and selecting tenants; Collecting all deposits and first and last month’s rents. Property Management services can also include
services such as collecting rents, arranging and overseeing maintenance, getting bids, scheduling and overseeing property
improvements, dealing with renters on behalf of owner, maximizing occupancy, maximizing rental income, positioning your
property in the local market, responding to property issues and emergencies
Note: Rental Agents and Property Managers may be paid by any of the following: a percentage of rental payments, flat
service fees or on a menu of options and services for fees.
2
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1. Affordable Home Prices – Miami real estate remains at affordable 2004 levels compared to other majorcities; an increase in new condominium construction east of I-95 is adding to the inventory; weak U.S. dollar gives greater discounts for foreign buyers
2. Top Market for Int’l Buyers – Florida is the top state in the U.S. & Miami is the top market for int’l buyers; & is expected to outperform other U.S. markets long into the future
3. More Sunny Days, Cleaner Air than other Major U.S. Cities – Ranked by Forbes as “America’s Cleanest City” for its year-round good air quality, green spaces, and clean drinking water. Miami is the only major “subtropical” city in continental U.S.; average temperature 75 ºF / 23 ºC
4. Beautiful Beaches & Healthy Lifestyle – Named the fourth healthiest city in the U.S. by Livability.com, Miami offers unparalleled outdoor activities ranging from running the 30-mile M-Path to kayaking and deep-sea fishing. Greater Miami has 84 miles of Atlantic Ocean coastline & 67 square miles of inland waterways & more than 15 miles of world-famous beaches.
5. A Blossoming Rail System – Construction of All Aboard Florida, an express passenger train connecting downtown Miami to Orlando, has begun and is expected to be completed by 2017. The train will enhance Miami’s 25-mile Metrorail, which services the airport and myriad cities
6. Pro Sports Teams in World-Class Venues – Basketball’s Miami Heat, baseball’s Miami Marlins and football’s Miami Dolphins have each won championships. The Heat have a long-term lease at their downtown arena; the Marlins recently opened a state-of-the-art, indoor park and the Dolphins’ home stadium has hosted five Super Bowls
7. Fabulous Nightlife – Ocean Drive & more - top restaurants, night clubs, bars, world famous hotspots
8.Restaurants – In Miami, you can savor worldwide cuisine unlike in any other city in the U.S.
9. Entertainment Industry – Major fashion center, top modeling agencies in the world, Fashion Week & more than 2,400 motion picture & video businesses
10.Commercial & Investment Real Estate – Vacancy rates for all commercial sectors in Miami are below the national average; retail & multi-family are outperforming most major markets in the U.S
11.“Gateway to the Americas” – Strategic location between Latin America & Europe; “Capital of the Americas” - perfect for business or pleasure
12.The Most Int’l City in the U. S. – 51% of population is foreign born & speak over 100 languages
13.Global Business Center – for business, finance, commerce, media, entertainment, arts & international trade; no state income tax; more than 1,000 multinational companies from 56 nations; Third largest consular corps in the U.S.
with 55 foreign consulates, 30 bi-national chambers of commerce and 18 foreign trade offices.
14.Hotels – Ranks fifth in U.S. in occupancy after New York, Oahu Island, San Francisco, & Boston
15.Top Tourist Destination – Greater Miami and the Beaches draws 14.2 million overnight guests a year – with 7.1
million of them int’l visitors
16.World Aviation Hub – Ranked among America’s top-10 busiest airports, Miami International Airport serves 40.9 million passengers a year; the nation’s second-busiest airport for international passengers - 20 million annually; Over 80 airlines to 150 destinations. Top international freight airport in the U.S. and ninth-best in the world - 1.9 million tons each year
17.Port of Miami – “Cruise Capital of the World” with more than 4 million passengers a year; Serves 240 seaports; 9 million tons of sea cargo; Top markets: China, Italy, Hong Kong, Honduras & Brazil
18.Educational Institutions – 4th largest U.S. school district – 466 schools; Miami receives more National Magnet Schools of Merit Awards than any other school district nationally. Five colleges & universities; three law schools
19.Hospitals – 33 hospitals; Baptist Hospital of Miami ranked as one of the highest performing hospital systems in the country. Miami Children’s Hospital top-rated for pediatric services
20.Additional Top Rankings
nMiami has the largest concentration of international banks in the U.S.
nMiami’s skyline ranks third in the U.S. behind New York City & Chicago & 18th in the world (Almanac of Architecture & Design.)
nMiami is the only major city in the United States bordered by two national parks,
Everglades National Park on the West, & Biscayne National Park on the East.
MiamiMLSonline.com
3
INTERNATIONAL
The Power of Worldwide Partnerships,
Events & Opportunities
www.knightfrank.com
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INTERNATIONAL
The Power of Worldwide Partnerships,
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Miami International Airport (MIA)
TOP MARKETS & TOTAL PASSENGERS - 2013
DOMESTIC
New York, New York
Atlanta, Georgia
Dallas/Ft. Worth, Texas
Los Angeles, California
Washington, DC
Chicago, Illinois
INTERNATIONAL
3,139,328
1,491,606
1,103,819
1,069,126
1,051,076
1,039,223
Brazil
Colombia
Mexico
Venezuela
Dominican Republic
United Kingdom
1,963,718
1,258,184
1,249,545
1,080,738
1,049,061
974,569
Orlando, Florida
San Juan, Puerto Rico
Boston, Massachusetts
Charlotte, North Carolina
Houston, Texas
978,909
784,305
755,185
753,566
688,220
Canada
Argentina
Peru
Panama
Cuba
840,020
764,569
688,334
678,181
672,123
Philadelphia, Pennsylvania
Tampa, Florida
Las Vegas, Nevada
San Francisco, California
Detroit, Michigan
St. Thomas, U.S. Virgin Islands
New Orleans, Louisiana
Raleigh / Durham, North Carolina
Baltimore, Maryland
Denver, Colorado
560,323
499,111
396,255
376,696
329,888
324,724
294,563
264,177
250,562
220,079
Ecuador
Germany
The Bahamas
Spain
Jamaica
Haiti
Costa Rica
Chile
France
Trinidad and Tobago
592,096
579,959
566,422
562,155
551,642
510,866
496,054
411,848
402,538
342,924
Minneapolis, Minnesota
St. Louis, Missouri
Jacksonville, Florida
Key West, Florida
219,064
194,164
157,126
141,857
Nicaragua
Cayman Islands
Honduras
Curacao
339,942
335,148
324,229
319,187
Source: USDOT, T100 Database CY 2013
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Miami International Airport (MIA)
SERVES 149 CITIES NON-STOP 1st QUARTER - 2015
United Sates of America (53)
Atlanta, Georgia (ATL)
Naples, Florida (APF)
Austin, Texas (AUS)
Nashville, Tennessee (BNA)
Baltimore, Maryland (BWI)
New Orleans, Louisiana (MSY)
Birmingham, Alabama (BHM)
New York (Kennedy) (JFK)
Boston, Massachusetts (BOS)
New York (La Guardia) (LGA)
Charleston, South Carolina (CHS)
Newark, New Jersey (EWR)
Charlotte, North Carolina (CLT)
Norfolk, Virginia (ORF)
Chicago (O’Hare), Illinois (ORD)
Orlando, Florida (MCO)
Cincinnati, Ohio (CVG)
Pensacola, Florida (PNS)
Cleveland, Ohio (CLE)
Philadelphia, Pennsylvania (PHL)
Columbus, Ohio (CMH)
Phoenix, Arizona (PHX)
Dallas/Ft. Worth, Texas (DFW)
Pittsburgh, Pennsylvania (PIT)
Denver, Colorado (DEN)
Raleigh/Durham, North Carolina (RDU)
Detroit (Metro Wayne) Michigan (DTW)
AA,DL
X7
AA
AA
AA
AA
AA
AA,DL
AA
AA,DL,F9
AA
AA,UA
AA,US
AA
AA,F9,UA
AA
AA
AA
AA
AA,F9,US
AA
AA
AA
AA
AA,F9,UA
AA,DL
AA,DL
Richmond/WMBG, Virginia (RIC)
Gainesville, Florida (GNV)
St. Louis, Missouri (STL)
Greensboro, North Carolina (GSO)
Salt Lake City, Utah (SLC)
Hartford, CT/Springfield, MA (BDL)
San Antonio, Texas (SAT)
Houston (Int’l) Texas (IAH)
San Diego, California (SAN)
Indianapolis, Indiana (IND)
San Francisco, California (SFO)
Jacksonville, Florida (JAX)
Seattle/Tacoma (Int’l), Washington (SEA)
Kansas City, Missouri (MCI)
Tallahassee, Florida (TLH)
Key West, Florida (EYW)
Tampa, Florida (TPA)
Las Vegas, Nevada (LAS)
Tulsa, Oklahoma (TUL)
Los Angeles, California (LAX)
Vail/Eagle, Colorida (EGE)
Louisville, Kentucky (SDF)
Washington (Dulles) (IAD)
Memphis, Tennessee (MEM)
Washington (National) (DCA)
Minneapolis/St. Paul, Minnesota (MSP)
AA
AA
AA
AA
AA
AA
AA
AA,UA
AA
AA
AA
AA
AA
AA
AA
AA
AA,US
AA
AA
AA,DL
AA
AA
AA,F9
AA
AA
AA,DL,SY
Toronto (YYZ)
AA,AC,WS
Quito, Ecuador (UIO)
Cali, Colombia (CLO)
Recife, Brazil (REC)
Caracas, Venezuela (CCS)
Rio de Janeiro, Brazil (GIG)
Cartagena, Colombia (CTG)
Salvador, Brazil (SSA)
Curitiba, Brazil (CWB)
Santa Cruz, Bolivia (VVI)
Fortaleza, Brazil (FOR)
Santiago, Chile (SCL)
Georgetown, Guyana (GEO)
Sao Paulo, Brazil (GRU)
Guayaquil, Ecuador (GYE)
Sao Paulo, Brazil (VCP)
AA,XL
AA,AV
AA
AA,LA,S3
AA,JJ
AV
AA
AA
OB
JJ
AA,LA
PY
AA,JJ
AA
AA,G3
CANADA (2)
Montreal (Dorval) (YUL)
AA,AC
SOUTH AMERICA (30)
Asuncion, Paraguay (ASU)
La Paz, Bolivia (LPB)
Barcelona, Venezuela (BLA)
Lima, Peru (LIM)
Barranquilla, Colombia (BAQ)
Manaus, Brazil (MAO)
Belem, Brazil (BEL)
Maracaibo, Venezuela (MAR)
Belo Horizonte, Brazil (CNF)
Medellin, Colombia (MDE)
Bogota, Colombia (BOG)
Montevideo, Uruguay (MVD)
Brasilia, Brazil (BSB)
Paramaribo, Surinam (PBM)
Buenos Aires, Argentina (EZE)
AA
AA
9V
AA,AV,LA*
AV
AA,G3,JJ
JJ
AA
AA,JJ
AA,AV
AA,AV,4C
AA
AA,JJ
PY
4M,AA,AR
INTERNATIONAL
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Continued
Miami International Airport (MIA)
SERVES 149 CITIES NON-STOP 1st QUARTER - 2015
CENTRAL AMERICA (10)
Belize City, Belize (BZE)
Roatan, Honduras (RTB)
Guatemala City, Guatemala (GUA)
San Jose, Costa Rica (SJO)
Liberia, Costa Rica (LIR)
AA
AA
AA,AV
AA
AA
San Pedro Sula, Honduras (SAP)
Managua, Nicaragua (MGA)
San Salvador, El Salvador (SAL)
Panama City, Panama (PTY)
Tegucigalpa, Honduras (TGU)
AA,AV
AA,TA
AA,AV
AA,CM,OB
AA
4O,AA
AM
Cozumel (CZM)
Mexico City (MEX)
AA
4O,AA,AM
MEXICO (4)
Cancun (CUN)
Merida (MID)
CARIBBEAN & BAHAMAS (32)
Antigua, West Indies (ANU)
Nassau (Int’l) Bahamas (NAS)
Aruba, Neth. Antilles (AUA)
North Eleuthera, Bahamas (ELH)
Barbados, West Indies (BGI)
Pointe a Pitre, Guadeloupe (PTP)
Bermuda (BDA)
Port Au Prince, Haiti (PAP)
Cap Haitien, Haiti (CAP)
Port of Spain, Trinidad & Tobago (POS)
Cayman Brac, West Indies (CYB)
Providenciales, Turks & Caicos (PLS)
Curacao, Neth. Antilles (CUR)
Puerto Plata, Dom. Republic (POP)
Fort de France, Martinique (FDF)
Punta Cana, Dom. Republic (PUJ)
AA
AA,UP
8I,AA,PY
AA
AA
AA
AA
AA,AF
AA,II
AA,BW
KX
AA
7I,AA
AA
AA
4M,AA, LA
Freeport, Bahamas (FPO)
San Juan, Puerto Rico (SJU)
George Town, Bahamas (GGT)
Santiago, Dom. Republic (STI)
Grand Cayman, West Indies (GCM)
Santo Domingo, Dom. Republic (SDQ)
Grenada, Windward Islands (GND)
St. Croix, Virgin Islands (STX)
Kingston, Jamaica (KIN)
St. Kitts, Leeward Islands (SKB)
La Romana, Dom. Republic (LRM)
St. Lucia, West Indies (UVF)
Marsh Harbour, Bahamas (MHH)
St. Maarten, Netherlands Antilles (SXM)
Montego Bay, Jamaica (MBJ)
St. Thomas, Virgin Islands (STT)
AA
AA
AA
AA
AA,KX
AA,G3
AA
AA
AA
AA
AA
AA
AA
AA
AA
AA
OR
AA,BA,VS
AA
AA,IB,UX
AB
AA
TB
UN
QR
Moscow (Sheremetyevo), Russia (SVO)
Dusseldorf, Germany (DUS)
Munich, Germany (MUC)
Frankfurt, Germany (FRA)
Paris (Charles de Gaulle) (CDG)
Helsinki, Finland (HEL)
Rome, Italy (FCO)
Lisbon, Portugal (LIS)
Zurich, Switzerland (ZRH)
SU
AB
LH
LH
AA,AF
AY
AZ
TP
LX
EUROPE/MIDDLE EAST (18)
Amsterdam, Netherlands (AMS)
London (Heathrow) (LHR)
Barcelona, Spain (BCN)
Madrid, Spain (MAD)
Berlin, Germany (TXL)
Milan, Italy (MXP)
Brussels, Belgium (BRU)
Moscow (Domodedevo), Russia (DME)
Doha, Qatar (DOH)
INTERNATIONAL
The Power of Worldwide Partnerships,
Events & Opportunities
Top Countries Searching
South Florida Properties
April 2015
The top-10 countries
visiting Miamire.com:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Brazil
Colombia
Canada
Venezuela
Argentina
India
France
Puerto Rico
Philippines
Ecuador
Miami Association News Coverage
YTD 2015 - News by DMA
News by Country
News by State
April 2015
Top states visiting
Miamire.com:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
California
Texas
Georgia
New York
Illinois
Michigan
Tennessee
Pennsylvania
North Carolina
Louisiana
miamire.com
News by DMA
Miami’s Trade and Tourism
Reaching Record Levels
Miami’s proximity and access to Latin America and the Caribbean as well as its large presence of educated
multilingual professionals has long made it a hotbed for trade and business. PortMiami, the top-ranked container
cargo port in Florida with 900,000 TEUs handled each year, contributes $27 billion annually to the local economy
and supports more than 207,000 jobs. Miami is also home to more than 1,000 multinational companies from 56
nations, and a world-class tourism industry. In 2013, Greater Miami and the Beaches drew a record 14.2 million
overnights guests —with 7.1 million of them international.
MiamiMLSonline.com
3
MIAMI Association of REALTORS®
International
Referral Network
CONNECTING
GLOBAL MARKETS
n More than 120 Partner Organizations
n Links MIAMI Properties to Over 100,000 Real Estate
Professionals Around the World
n Connecting to our International Referral Network
A full list is on the reverse side.
ARGENTINA
BELIZE
BOLIVIA
BRAZIL
BULGARIA
CHILE
COLOMBIA
COSTA RICA
CZECH REPUBLIC
DENMARK
DOMINICAN REPUBLIC
ECUADOR
EL SALVADOR
FINLAND
FRANCE
GERMANY
GUATEMALA
HONDURAS
HUNGARY
INDIA
IRELAND
ITALY
MEXICO
NICARAGUA
PANAMA
PERU
POLAND
POLAND/GERMANY
PORTUGAL
PUERTO RICO
ROMANIA
RUSSIA
SINGAPORE
SLOVAK REPUBLIC
SPAIN
UKRAINE
URUGUAY
VENEZUELA
VIETNAM
U.S. Virgin Island
EASTERN EUROPE
FECEPAC
FIABCI
AIREEC
CITYSCAPE
HEDIMA
ICREA
MEXICO
UNITED KINGDOM
MIAMI Partner Association
AUSTRALIA
nReal Estate Institute of New South Wales (REINSW) - 2013
PERU
nAsociación Peruana de Agentes Inmobiliarios - ASPAI 2012
ARGENTINA
nThe Argentina Chamber of Horizontal properties & Real Estate Activities (CAP-H)
nCámara Inmobiliaria Argentina (CIA) 2003
nArgentina & Uruguay La Federación de la Republica de Argentina (SOM) 2003
nCMCPSI - Colegio de Martilleros y Corredores Públicos de San Isidro
PHILIPPINES
nCREBA – Chamber of Real Estate and Builders’ Associations, Inc.
POLAND
nPolish Real Estate Federation (PREF) ICREA 1997
nPolish Federation of Real Estate Brokers 1997
BAHAMAS
nBahamas Real Estate Association (BREA)
POLAND/GERMANY nPomeranian Association of Real Estate Brokers 1997
BELIZE
nNational Association of REALTORS®
PORTUGAL
nPortugal Association of Real Estate (APEMIP) 2010
BOLIVIA
nJunta Vecinal de Calacoto 2014
nLa Paz Association 2014
PUERTO RICO
nPuerto Rico Association of Realtors (PRAR) 2007
BRAZIL
nSECOVI-SP Sao Paulo 1996
nFENACI 2008
nACIBC – Associação dos Corretores de Imóveis – de Balneário Camboriú – SC
nCOFECI - Consejo Federal de Agentes de Compra y Venta de inmuebles 2005
ROMANIA
nRomanian Association of Real Estate Agencies (ARAI)
nNational Association of Romanian Valuers 1997
nAPAIR – Asociatia Profesionala a Agentilor Imobiliari din Romani
RUSSIA
nThe Russian Guild of REALTORS® (RGR) 1997
nSt. Petersburg Association of REALTORS® 1997
nRussian Society of Appraisers (RSA) 1997
SINGAPORE
nInstitute of Estate Agents (IEA) - 2013
BULGARIA
nNational Real Property Association (NRPA) 2002
nBulgarian Association of Business Appraisers 1997
CHILE
nCámara Nacional de Servicios Inmobiliarios (ACOP)
nConfederacion Inmobiliaria de Mercosur y Chile (CIMECH) 2005
nAsociación Gremial de Corredores de Propiedades de Chile (COPROCH)
nCorredores de Propiedades de Chile
COLOMBIA
nFederación Colombiana de Lonjas de Propiedad Raíz (FEDELONJAS)
nAFYDI – Asociación para el Fomento y Desarrollo Inmobiliario
COSTA RICA
nCámara Costarricense de Corredores de Bienes Raíces (CCCBR)
nCosta Rica Global Association of Realtors (CRGAR) 2011
CZECH REPUBLIC
nAssn. of Real Estate Offices of the Czech Republic (ARKCR) 1997
nAssn. of Real Estate Agencies of Bohemia, Moravia, and Silesia 1997
DENMARK
nCopenhagen Branch of the Danish Association of Chartered Estate Agents
DOMINICAN
REPUBLIC
nAsociación de Empresas Inmobiliarias 2009
nAEI – Asociación de Empresas Inmobiliarias
ECUADOR
nAsociación de Corredores de Bienes Raíces de el Oro (ACBRO) 2012
nAsociación de corredores de Bienes Raíces del Guayas (ACBIR) 2012
nAsociación de Corredores de Bienes Raíces de Azuay (ASOCOBIRA) 2013
nAsociación de Corredores de Bienes Raíces de Loja ( ASOCOBRAL) 2013
nAsociacion de Corredores de Bienes Raices de Pichincha (ACBRP) 2013
nAsociación de Corredores de Bienes Raíces de Esmeraldas (ACBRE) 2014
nFENACBRE – Federación Nacional de Corredores de Bienes Raíces del Ecuador
EL SALVADOR
nCámara Salvadoreña de Bienes Raíces (CSBR) 2009
FRANCE
nFédération Nationale de l’Immobilier Paris - Ile de France (FNAIM -IDF) 2005
nFédération Nationale de l’Immobilier – Haute-Garonne 2010
nFédération Nationale de l’Immobilier French Riviera 2010
GERMANY
nImmobilienverban Deutschland (IVD) 2012
GREECE
nEPPA - Greece
GUATEMALA
nCámara de Corredores de Bienes Raíces de Guatemala
HONDURAS
nCámara Nacional de Bienes Raíces de Honduras 2010
HUNGARY
nHungarian Real Estate Association (HREA) 1997
nHungarian Association of Real Estate Managers 1997
INDIA
nNAR-India – Agreement includes also each of the 21 member
associations 2011
IRELAND
nIrish Auctioneers & Valuers Institute
ITALY
nItalian Federation of Real Estate Agents (FIAIP) 1997
MEXICO
nMexican Association of Real Estate Professionals (AMPI) 2005
nMexican Association of Real Estate 2009
nBaja California (CEPIBC) 2009
NICARAGUA
nCámara Nicaragüense de Corredores de Bienes Raíces (CNCBR) 2005
PANAMA
nAsociación Panameña de Corredores y Promotores de Bienes Raíces
(ACOBIR) 2005
SLOVAK REPUBLIC nNational Association of Real Estate Offices of Slovakia (NARKS) 1997
nAssociation of Slovak Real Estate Agencies 1997
nUnion of Real Estate of the Slovak Republic 1997
nSociety of Slovakian Appraisers 1997
SPAIN
nAsociación Empresarial Gestión Inmobiliaria (AEGI) 2009
nAEGI Catalonia 2009
nAEGI Murcia 2009
nCanary Islands Cámara Oficial de Comercio, Industrial y Navegacion
s/c Tenerife 2009
nSIMA/Planner Reed 2005
TAIWAN
nCAREB - Chinese Association of Real Estate Brokers
nTAREB - Taipei Association of Real Estate Brokers
UKRAINE
nUkrainian REALTORS® Association (URA) 1997
nWestern Ukranian Real Estate Guild 1997
nAssociation of REALTORS® of Odessa 1997
nKharkiv Union of Entrepreneurs 1997
URUGUAY
nCámara Inmobiliaria Uruguaya (CIU) 2003
nConfederación Inmobiliaria Mercosur y Chile (CIMECH) 2005
nAsociación de Inmobiliarias de Punta del Este 2012
UNITED ARAB
EMIRATES
nDREI - Dubai Real Estate Institute
U.S. VIRGIN ISLAND nVirgin Islands Territorial Association of REALTORS® 2011
VENEZUELA
nCámara Inmobiliaria de Venezuela (CIV) 2009
VIETNAM
nHo Chi Minh City Real Estate Association
CENTRAL EUROPE nCEREAN - Central European Real Estate Association Network
EASTERN EUROPE nEastern European Real Property Foundation (EERPF)
FECEPAC
nFederación Centroamericana, El Salvador, Guatemala, Honduras,
Nicaragua, Costa Rica, Panamá, Republica Dominicana y el Caribe de
Asociaciones... 7 Assns.
FIABCI
nThe International Real Estate Federation - United Kingdom 2009
AIREEC
nAmerican International Real Estate Expo & Conference 2008
CITYSCAPE
nNew York 2008
nSpain 2011
nInternational Consortium of Real Estate Associations
MEXICO
nExpo Bienes Raices (EBR) Mexico City 2006
SIMA
nBrasil / Sao Paulo Real Estate Expo 2007
UNITED KINGDOM nFIABCI-UK 2009
nOPP Live 2007
nU.K. and International Property Consultancy 2009
Go to http://www.miamire.com/International/partners
for links to each partner association
Miami-Dade County Map
miamire.com