Colombia Is Top International Country Searching South

8A WEDNESDAY, MARCH 16, 2016
MiamiHerald.com MIAMI HERALD
INTERNATIONAL EDITION
Colombia Is Top International Country Searching South Florida Real Estate in January
Miami Market is No. 1 on Realtor.com
Colombia leads all global consumers searching
online for South Florida real estate, according
to new statistics from the MIAMI Association of
REALTORS® (MIAMI). Colombia finished as the top
international country using MIAMI’s search portal,
www.Miamire.com, in January 2016.
Colombia has now led the online search rankings
for two consecutive months. Brazil, which led the
Miamire.com searches for 13 consecutive months
from June 2014 through June 2015, finished
runner-up for the second straight month. The
January 2016 statistics also showcased strong
interest from the Philippines and the United
Kingdom.
“South Florida real estate attracts international
home buyers unlike any other region in the U.S.,”
said Mark Sadek, the 2016 MIAMI Chairman
of the Board. “Long known as a Gateway to
the Americas, Miami’s shopping, restaurants,
lifestyle, geographical position, tropical climate,
international banking system and growing
technological hub continue to attract foreign
investors and home buyers.”
Colombia:
A Top Market for South Florida
Real Estate
Colombian home buyers tied with Argentinians
in purchasing the third-most Miami real estate
among foreign countries, according to the
2015 Profile of International Home Buyers in
Miami Association of Realtors Business Areas.
Colombia registered 10 percent of all foreign
Miami transactions, according to the survey
conducted by MIAMI and the National Association
of REALTORS®. Only Venezuelan (13 percent) and
Brazil (12 percent) buyers purchased more.
Colombians moving to South Florida are often
upper-middle-class families who want to enjoy
their prosperity earned in their homeland as
professionals and entrepreneurs. Colombians
spend the second-most on South Florida property
among foreign buyers. The $516,000 average
purchase price of Colombians tied with Argentina
and only trailed Brazil ($766,000), according to the
2015 survey.
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Interest from Philippines, United Kingdom Grows
Philippine and United Kingdom buyers increased
their online interest in South Florida real estate in
January 2016. The Philippines’ fifth-place finish
among Miamire.com foreign visitors was the
country’s highest-ever finish. The United Kingdom,
meanwhile, posted its highest appearance since it
finished seventh in February 2015.
The Miami-Fort Lauderdale-West Palm Beach
market ranked as the top market in the world for
international consumers searching for U.S. real
estate in January 2016, according to Realtor.com.
The top-10 countries visiting
Miamire.com in January 2016:
The top-10 markets for overall
international real estate demand:
1. Colombia
2. Brazil
3. Venezuela
4. Argentina
5. Philippines
1. Miami-Fort Lauderdale-West Palm Beach, FL
2. Los Angeles-Long Beach-Anaheim, CA
3. Bellingham, WA
4. Urban Honolulu, HI
5. New York-Newark-Jersey City, NY-NJ-PA
6. Orlando-Kissimmee-Sanford, FL
7. Kahului-Wailuku-Lahaina, HI
8. Naples-Immokalee-Marco Island, FL
9. Tampa-St. Petersburg-Clearwater, FL
10.Houston-The Woodlands-Sugar Land, TX
6. Canada
7. India
8. United Kingdom
9. Puerto Rico
10. France
The top-10 countries visiting
Miamire.com in January 2015:
1. Brazil
2. Colombia
3. Russia
4. Venezuela
5. Canada
6.
7.
8.
9.
10.
Argentina
India
United Kingdom
Italy
France
California is Top U.S. Market
for Miami
California finished as the top U.S. state
searching South Florida real estate online
in January 2016. California, which finished
second to Texas in December 2015, has now
led all U.S. states searching on Miamire.com in
14 of the last 15 months.
The top-10 U.S. states searching
Miamire.com in January:
2016:
1. California
2. Texas
3. New York
4. Georgia
5. Illinois
6. Tennessee
7. North Carolina
8. South Carolina
9. Michigan,
10. Pennsylvania
2015:
1) California
2) Texas
3) New York
4) Georgia
5) Illinois
6) Ohio
7) Pennsylvania
8) North Carolina
9) Michigan
10) Tennessee
South Florida:
The No. 1 Market in the U. S.
for International Consumers
South Florida ranked as a top-five market for
consumers in nine of the top-10 largest regions in
the world in January 2016, according to Realtor.com:
Q North America:
1. New York-Newark-Jersey City, NY-NJ-PA
2. Chicago-Naperville-Elgin, IL-IN-WI
3. Miami-Ft. Lauderdale-West Palm Beach
4. Dallas-Fort Worth-Arlington, TX
5. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Q South America:
1. Miami-Ft. Lauderdale-West Palm Beach
2. Orlando-Kissimmee-Sanford, FL
3. New York-Newark-Jersey City, NY-NJ-PA
4. Los Angeles-Long Beach-Anaheim, CA
5. Dallas-Fort Worth-Arlington, TX
Q Northern Europe:
1. Los Angeles-Long Beach-Anaheim, CA
2. Orlando-Kissimmee-Sanford, FL
3. Miami-Ft. Lauderdale-West Palm Beach
4. New York-Newark-Jersey City, NY-NJ-PA
5. Tampa-St. Petersburg-Clearwater, FL
Q Australia and New Zealand:
1. Los Angeles-Long Beach-Anaheim, CA
2. New York-Newark-Jersey City, NY-NJ-PA
3. Dallas-Fort Worth-Arlington, TX
4. Miami-Ft. Lauderdale-West Palm Beach
5. Chicago-Naperville-Elgin, IL-IN-WI
Q Western Europe:
1. Miami-Ft. Lauderdale-West Palm Beach
2. Los Angeles-Long Beach-Anaheim, CA
3. New York-Newark-Jersey City, NY-NJ-PA
4. Tampa-St. Petersburg-Clearwater, FL
5. Cape Coral-Fort Myers, FL
Q Caribbean:
1. Miami-Ft. Lauderdale-West Palm Beach
2. Orlando-Kissimmee-Sanford, FL
3. Tampa-St. Petersburg-Clearwater, FL
4. New York-Newark-Jersey City, NY-NJ-PA
5. Atlanta-Sandy Springs-Roswell, GA
Q Southern Europe:
1. Miami-Ft. Lauderdale-West Palm Beach
2. Los Angeles-Long Beach-Anaheim, CA
3. New York-Newark-Jersey City, NY-NJ-PA
4. Chicago-Naperville-Elgin, IL-IN-WI
5. Washington-Arlington-Alexandria, DC-VA-MD-WV
Q Western Asia:
1. Miami-Ft. Lauderdale-West Palm Beach
2. New York-Newark-Jersey City, NY-NJ-PA;
3. Los Angeles-Long Beach-Anaheim, CA;
4. Houston-The Woodlands-Sugar Land, TX;
5. Chicago-Naperville-Elgin, IL-IN-WI
Q Eastern Europe:
1. Los Angeles-Long Beach-Anaheim, CA;
2. Miami-Ft. Lauderdale-West Palm Beach
3. New York-Newark-Jersey City, NY-NJ-PA;
4. Chicago-Naperville-Elgin, IL-IN-WI;
5. Orlando-Kissimmee-Sanford, FL
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3/15/2016 9:01:43 PM