Broward Council of the MIAMI Association of REALTORS

                                                                                                     

                

  • Colombia Continues to be Top Country Searching for Miami Homes

    Jul 09, 2018
    Colombian consumers registered the most international web searches for Miami homes in March, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia registered 11.9 percent of all international searches on MIAMI’s portal, www.MiamiRealtors.com, in March 2018. Colombia has led the rankings for four consecutive months.
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  • South Florida Multifamily Transactions, Prices Rise in 1Q

    Jun 26, 2018
    South Florida multifamily real estate transactions jumped 8.5 percent year-over-year in 1Q 2018 and per-unit multifamily prices increased in Miami-Dade, Broward and Palm Beach counties, according to the new 1Q 2018 The Quarterly Report – South Florida Commercial Real Estate
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  • JTHS-MIAMI Realtors Collect 364 Pounds of Food for Needy Palm Beach Residents

    Jun 25, 2018
    The Jupiter-Tequesta-Hobe Sound Council of the MIAMI Association of REALTORS® (JTHS-MIAMI) collected 364 pounds of non-perishable food for the Palm Beach County Food Bank in April as part of its annual JTHS-MIAMI’s “Move for Hunger” Food Drive.
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  • Colombia Leads Countries Looking for Miami Homes in February

    Jun 25, 2018
    Colombian consumers registered the most international web searches for Miami homes in February, according to a new report by the MIAMI Association of REALTORS® (MIAMI). South Florida remains the most-searched U.S. market by international consumers and a top-five market for homebuyers in the world’s six largest regions, according to February data.
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  • Miami Luxury Home Sales Jump in May 2018

    Jun 20, 2018
    Total Miami luxury home sales rose 24.1 percent year-over-year in May as existing condominium sales rose for the second consecutive month, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Miami Realtors Join Chapman Partnership to Feed Homeless

    Jun 18, 2018
    Continuing its changing communities initiative, MIAMI Association of Realtors (MIAMI) members and peers again fed dinner to 500 homeless residents on June 14 at the Chapman Partnership’s Downtown Miami Homeless Assistance Center.
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  • Miami Existing Condo Sales Jump 24.6 Percent in April

    May 24, 2018
    Miami’s existing condominium market posted its best April in three years as condo transactions jumped 24.6 percent and condo dollar volume surged 40.8 percent year-over-year, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system. Miami single-family home sales and residential prices rose.
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  • MIAMI REALTORS® Launches MIAMI Platinum PLUS for its Members

    May 17, 2018
    The MIAMI Association of REALTORS® (MIAMI) is now offering its members subscriptions to MIAMI Platinum PLUS, an exclusive and unparalleled suite of upgraded Realtor products and services, so Realtors can utilize an even higher level of industry tools to improve and expand their business while enhancing the home buying and home selling process for the public.
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  • Miami Luxury Home Sales Soar in 1Q 2018

    May 15, 2018
    Total Miami luxury home sales surged 12.3 percent in 1Q 2018 as median prices rose for the 25th consecutive quarter, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • MIAMI REALTORS CEO Named to South Florida’s Most Influential Business Women

    May 14, 2018
    MIAMI Association of REALTORS® (MIAMI) Chief Executive Officer Teresa King Kinney was named one of the top 25 Most Influential Business Women in South Florida. The South Florida Business Journal honored Kinney’s strong record of leadership, community involvement and industry innovation at an event on May 11 in Fort Lauderdale.
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  • Miami Luxury Single-Family Home Sales Jump in March

    Apr 23, 2018
    Miami luxury single-family home sales posted double-digit gains as median prices for all properties continued rising in March, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • South Florida Industrial Real Estate Prices, Transactions Rise in 4Q

    Apr 23, 2018
    South Florida industrial real estate prices increased 11.4 percent year-over-year in the 4Q 2017 and the Miami-Dade, Broward and Palm Beach tri-county region posted its second highest industrial transaction volume for the year,
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  • Patricia Anglero Elected 2018 Broward President of the MIAMI Realtors

    Apr 07, 2018
    The MIAMI Association of REALTORS® (MIAMI) has elected Fort Lauderdale broker Patricia C. Anglero as its 2018 Broward Council president. She and all of MIAMI’s leadership boards were installed Feb. 2 at the MIAMI 2018 Inaugural and Awards Celebration.
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  • MIAMI REALTORS Commercial Partners with Research and Data Firm Vizzda to Provide South Florida Commercial Statistics Reports

    Apr 05, 2018
    MIAMI Association of Realtors Commercial (MIAMI Commercial) has formed a strategic alliance with Vizzda (Visual Data) to provide The Quarterly Report – South Florida Commercial Real Estate, which will offer comprehensive commercial research and statistics to MIAMI’s 46,000 members and the consumers they serve.
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  • MIAMI Realtors Commercial Association Rebrands as MIAMI Commercial

    Apr 05, 2018
    The MIAMI Association of REALTORS® (MIAMI) has rebranded its commercial real estate organization, to MIAMI Commercial. MIAMI Commercial’s new name and logo is part of MIAMI’s successful expansion of the commercial reach of the Miami Association of Realtors that enhances the 25-year-old organization, which was formerly the Realtors Commercial Alliance MIAMI (RCA MIAMI).
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  • Miami Condo, Luxury Home Sales Rise in February  

    Mar 21, 2018
    Miami existing condominium and total luxury home sales increased in February, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Miami Realtors Expands Presence of South Florida Real Estate at Global Expo

    Mar 14, 2018
    The MIAMI Association of REALTORS® (MIAMI) has increased its presence by 400 percent at the world’s largest commercial real estate conference, MIPIM. MIAMI Realtors will have exhibits promoting South Florida at MIPIM from March 13-16 in Cannes, France as part of the National Association of REALTORS® (NAR) expanded U.S. pavilion. This year, MIAMI has significantly expanded the U.S. and MIAMI/South Florida presence by adding its own adjacent exhibit space.
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  • Colombia Leads Countries Looking for Miami Homes in January

    Mar 13, 2018
    Colombian consumers registered the most international web searches for Miami homes in January, according to a new report by the MIAMI Association of REALTORS® (MIAMI). South Florida remains the most-searched U.S. market by international consumers and a top-five market for homebuyers in the world’s six largest regions, according to January data.
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  • Urgent Legal Alert from Florida REALTORS General Counsel

    Mar 06, 2018
    Recently, Florida Realtors became aware of several lawsuits filed against real estate brokers in Miami Dade and Broward counties concerning allegations of discriminatory advertising—a violation of fair housing laws. Specifically, brokers are being sued for discriminating against tenants with Section 8 vouchers. These violations, however, pertain to local ordinances, not the Federal Fair Housing Act. Under these local ordinances, landlords and Realtors are precluded from discriminating against tenants with Section 8 vouchers, as this falls under the protected class "source of income."
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  • Miami Condo, Single-Family Home Sales Jump in January

    Feb 22, 2018
    Miami existing condominium and single-family home sales rose in January as $1 million-and-up luxury transactions jumped for all properties, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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Brazil Tops All Global Consumers Searching South Florida Real Estate in June 2015 Interest Grows from Russia, Ukraine

by | Sep 09, 2015

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South America's most populous country continues to lead all global consumers searching for South Florida real estate on the MIAMI Association of REALTORS® (MIAMI) website. For the 13th consecutive month, Brazil led all international consumers using MIAMI's search portal, Miamire.com, in June 2015.

Brazil, a nation of 200 million residents, has been the top foreign country searching Miamire.com in 16 of the last 19 months. The last time Brazilian consumers didn't finish with the most web hits was May 2014 when Colombia took first. In June 2015, Colombia finished with the second-most visits followed by Canada, Venezuela, Russia and Ukraine. Russia's ranking was its highest finish since it took third in Jan. 2015, and Ukraine had never finished in the top-10.

"Brazil perennially ranks among the top international markets purchasing Miami real estate," said Christopher Zoller, a 27-year Miami-based Realtor and the 2015 Residential President of MIAMI. "Brazilians not only love Miami's shopping, restaurants, and beaches, but they love Miami's diversity and are totally at home here. Miami, which has thousands of Brazilians living here, is America's most international city with 51 percent of residents born in foreign countries."

Brazil: A Top Market for South Florida Real Estate
In 2014, Brazilians registered 11 percent of all South Florida international real estate deals, according to a report conducted by the National Association of Realtors for MIAMI. Brazil had the third-most property transactions in Miami and Broward Counties among all global consumers last year, trailing only Venezuela (16 percent) and Argentina (12 percent).

Brazilians moving to South Florida are often upper-middle-class families who want to enjoy their prosperity earned in their homeland as professionals and entrepreneurs. Brazilians spend the most on South Florida properties among foreign consumers, paying an average of $495,000. On average, Miami's international buyers paid $444,000 per purchase, compared to $245,000 statewide.

Interest from Russian, Ukrainian Consumers Rises
The top-four countries searching Miamire.com —Brazil, Colombia, Canada, and Venezuela — remained unchanged from May 2015. June, however, saw growing interest from Russia and Ukraine. Russia, which finished with the seventh-most searches in May, rose to No. 5. Ukraine, an eastern European country bordering Russia, had never finished among the top-10 searches on Miamire.com.

The top-10 countries visiting Miamire.com in June 2015:

  1. Brazil
  2. Colombia
  3. Canada
  4. Venezuela
  5. Russia
  6. Ukraine
  7. Argentina
  8. India
  9. France
  10. Italy

The top-10 countries visiting Miamire.com in June 2014:

  1. Brazil
  2. Venezuela
  3. Argentina
  4. Canada
  5. Colombia
  6. India
  7. Italy
  8. France
  9. Mexico
  10. Germany

Top U.S. Markets for Miami
One of the world's top global cities, Miami is also a top choice for American real estate consumers. The top-10 states searching Miamire.com in June:

2015:

  1. California
  2. Texas
  3. New York
  4. Georgia
  5. Tennessee
  6. Illinois
  7. Alabama
  8. Louisiana
  9. Nevada
  10. New Jersey

2014:

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

Miami Top Market for U.S. and Foreign Consumers
Nationally, Miami is consistently one of the top markets for foreign countries searching for American real estate. In June 2015, Miami ranked as a top-five market for five of 10 foreign nations searching on Realtor.com® and Realtor.com® International. The top countries (outside the U.S.) where global consumers were most engaged in June 2015 and the top cities they searched were:

  1. *Canada: New York, Los Angeles, Las Vegas, Orlando, Fort Lauderdale
  2. United Kingdom: Los Angeles, New York, Orlando, Kissimmee, Davenport (FL)
  3. Australia: New York, Los Angeles, Las Vegas, San Francisco, Orlando
  4. *Brazil: Orlando, Miami, New York, Los Angeles, Kissimmee
  5. *Germany: Los Angeles, New York, Miami, San Antonio, Las Vegas
  6. Mexico: San Diego, San Antonio, El Paso, Laredo, Los Angeles
  7. India: New York, Los Angeles, Chicago, San Jose, Las Vegas
  8. *France: Miami, Los Angeles, New York, Miami Beach, San Francisco
  9. *Italy: New York, Miami, Los Angeles, Miami Beach, San Francisco
  10. South Korea: Los Angeles, New York, Irvine, Las Vegas, San Antonio
    *Countries with Miami or Fort Lauderdale in their top-five searched markets

In June 2015, Miami ranked third among the top-10 overall most searched U.S. cities by non-U.S. consumers. Fort Lauderdale ranked sixth. Combining Miami and Fort Lauderdale would have likely increased South Florida's ranking.

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

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

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