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Brazilians Lead List of Global Consumers Searching South Florida Real Estate

by | Mar 18, 2015

Visits to MIAMI Properties on Website Surged in February

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The MIAMI Association of REALTORS® (MIAMI), the nation's largest local Realtor association, continues to see sizable increases in visitors to its website, a sign more consumers are searching for properties and information about the South Florida real estate market.

MIAMI's website, Miamire.com, registered 188,287 visits in February 2015--- a 42.6-percent increase from the amount of web visitors in February 2014. Miamire.com also had 62,527 unique visitors in the month of February, a jump of 33 percent compared to the same month a year ago.

Brazil topped the list of countries that conducted searches on the MIAMI site in February 2015. Brazilians have long been interested in Miami real estate, and regularly rank among South Florida's top foreign buyers. In 2014, Brazilians registered 11 percent of all South Florida international real estate deals. Brazil had the third-most Miami and Broward Counties transactions among all foreign countries, trailing only Venezuela (16 percent) and Argentina (12 percent).

"Brazil has always been in South Florida's top-five for most international transactions each year, so it's not a surprise Brazilians had the most web visits on the MIAMI site," said Christopher Zoller, a 27-year Miami-based REALTOR® and the 2015 Residential President of the MIAMI Association of REALTORS®. "The amount of international activity on the website each month is impressive. There are a lot of investors coming to Miami from all over the world. And it's not just foreign countries. People from New York, Connecticut, California and other states are looking at our website."

Top-10 Countries visiting Miamire.com in February:
2015

  1. Brazil
  2. Colombia
  3. Venezuela
  4. Canada
  5. India
  6. Argentina
  7. United Kingdom
  8. Russia
  9. Philippines
  10. Italy

2014

  1. Brazil
  2. Colombia
  3. Canada
  4. India
  5. Argentina
  6. Venezuela
  7. Bolivia
  8. France
  9. United Kingdom
  10. Russia

Top U.S. Markets for Miami
Miami is a top choice for consumers in many U.S. markets. Not including Florida, the top-10 U.S. states for consumers searching Miamire.com in February were:

2015:

  1. California
  2. Georgia
  3. Texas
  4. New York
  5. Illinois
  6. Michigan
  7. Pennsylvania
  8. Virginia
  9. Ohio
  10. North Carolina

2014:

  1. California
  2. Georgia
  3. Texas
  4. New York
  5. Illinois
  6. Michigan
  7. Pennsylvania
  8. Virginia
  9. New Jersey
  10. North Carolina

Miami Top Market for U.S. and Foreign Consumers
Nationally, Miami is consistently one of the top markets for foreign countries searching for property in the U.S. In February 2015, Miami ranked as a top-five market for 12 of 20 foreign nations searching for real estate on Realtor.com® and Realtor.com® International. Miami registered as a top market for real estate consumers in Canada, Germany, Brazil, Mexico, France, Italy, Netherlands, Russian Federation, Spain, Sweden, Switzerland and South Africa.

The top countries (outside the U.S.) where global consumers were most engaged on Realtor.com®and Realtor.com® International in February 2015 and the top cities they searched were:

  1. *Canada: Fort Lauderdale, Las Vegas, Los Angeles, Miami, Naples
  2. United Kingdom: Los Angeles, New York, Orlando, Kissimmee, San Francisco
  3. Australia: New York, Los Angeles, San Francisco, Detroit, Las Vegas
  4. *Germany: Los Angeles, New York, Miami, San Diego, Colorado Springs
  5. *Brazil: Miami, Orlando, New York, Los Angeles, Kissimmee
  6. *Mexico: San Diego, San Antonio, Miami, Houston, El Paso
  7. *France: Los Angeles, Miami, New York, Miami Beach, San Francisco
  8. India: New York, Los Angeles, San Jose, Dallas, Chicago
  9. *Italy: Miami, New York, Miami Beach, Los Angeles, San Diego
  10. *Netherlands: Los Angeles, New York, Miami, Orlando, Houston
  11. *Russian Federation: Los Angeles, New York, Miami, Chicago, San Francisco
  12. Japan: San Diego, Los Angeles, Honolulu, Jacksonville, Las Vegas
  13. *Spain: Miami, New York, Los Angeles, Peachtree City (GA), Mcdonough (GA)
  14. *Sweden: Los Angeles, New York, Miami, Fort Lauderdale, Beverly Hills
  15. South Korea: Los Angeles, New York, San Antonio, Irvine, Sedalia
  16. *Switzerland: Miami, Los Angeles, New York, Miami Beach, San Diego
  17. Ireland: New York, Los Angeles, Orlando, Boston, Chicago
  18. *South Africa: New York, Los Angeles, Houston, Miami, Dallas
  19. Philippines: Los Angeles, New York, Warren (RI), Las Vegas, San Francisco
  20. New Zealand: Los Angeles, New York, Las Vegas, Detroit, Honolulu
    *Countries with Miami and/or Fort Lauderdale as top searches.

In February, Miami ranked third among the top-10 overall most searched U.S. cities by non-U.S. consumers on Realtor.com® & Realtor.com® International. Fort Lauderdale ranked sixth.

Top 10 U.S. Cities Searched by International Consumers for February 2015:

  1. New York, NY
  2. Los Angeles, CA
  3. Miami, FL
  4. Orlando, FL
  5. Las Vegas, NV
  6. Fort Lauderdale, FL
  7. San Diego, CA
  8. San Francisco, CA
  9. Houston, TX
  10. Naples, FL
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