Broward Council of the MIAMI Association of REALTORS

                                                                                                     

                

  • MIAMI Realtors Sign Four International Agreements at Miami International Congress

    Jan 07, 2019
    The MIAMI Association of Realtors (MIAMI) signed four international collaboration agreements during its recent Miami International Congress. MIAMI now has 204 international partners. These alliances create business opportunities for MIAMI members, enhance Miami’s global position and strengthen the local economy. The bilateral agreements also provide resources, visibility and connections for MIAMI’s international partners.
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  • MIAMI Realtors Partners to Host Miami Shores Plaza 98 Monthly Events

    Dec 26, 2018
    The MIAMI Association of Realtors (MIAMI) is partnering to host free monthly community events from 5-8 p.m. on Jan. 12, Feb. 9, March 9 and April 13 at Miami Shores’ new community destination, Plaza 98, at 9802 NE 2nd Ave. The events are open to all ages and feature family entertainment and games and food and drink for purchase.
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  • Palm Beach County Condominium Sales Continue Rising in November

    Dec 19, 2018
    Palm Beach County condominium sales have now increased in 12 of the last 13 months after another strong November of condo sales, according to a new report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Broward Condo Sales Rise for Eighth Consecutive Month

    Dec 19, 2018
    Broward County existing condominium sales increased for the eighth consecutive month in November as total Broward home sales increased 4.3 percent year-over-year, according to a new report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Miami Real Estate Posts Fifth Consecutive Month of Rising Home Sales

    Dec 19, 2018
    Total Miami-Dade County home sales increased 7 percent year-over-year in November, marking the market’s fifth consecutive month of year-over-year transaction gains, 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 Signs 15 New Collaboration Agreements with AMPI Chapters in Mexico

    Dec 17, 2018
    The MIAMI Association of REALTORS® (MIAMI) is honored to have recently signed 15 new international collaboration agreements with local chapters of AMPI, the Mexican Association of Real Estate Professionals, at the 2018 AMPI National Real Estate Congress in Oaxaca, Mexico.
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  • South Florida’s Biggest Open House Weekend Set for December 8-9

    Dec 07, 2018
    The MIAMI Association of REALTORS® (MIAMI) is organizing South Florida’s biggest open house weekend of the year for December 8-9. MIAMI expects more than 2,000 properties at every price range to host open houses in Miami-Dade, Broward, Palm Beach and Martin counties. More than $1 billion in houses and condos are participating.
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  • Palm Beach County Home Sales Register Robust October

    Nov 21, 2018
    Total Palm Beach County home sales increased 17.1 percent year-over-year in October as median prices and dollar volume rose 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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  • Broward Existing Condo Sales Continue Upward Trend, Surge 20 Percent in October

    Nov 21, 2018
    Broward County existing condominium sales increased for the seventh consecutive month in October, this time rising 20 percent year-over-year, as total Broward County home sales surged 15.1 percent year-over-year, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Miami Real Estate Posts Fourth Consecutive Month of Rising Home Sales

    Nov 21, 2018
    Total Miami-Dade County home sales surged 14.7 percent year-over-year in October, marking the market’s fourth consecutive month of year-over-year home transaction gains, 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 Partners with FIABCI-Arabic Countries

    Nov 21, 2018
    The MIAMI Association of REALTORS® (MIAMI) recently signed an international collaboration agreement with FIABCI-Arabic Countries during FIABCI World President -Elect and FIABCI-Arabic Countries President Walid Moussa’s visit to Miami, increasing MIAMI’s international partners to 180 (the most of any U.S. Realtor association). The alliance will create business opportunities for MIAMI members, enhance Miami’s global position and strengthen the local economy. FIABCI-Arabic Countries includes United Arab Emirates, Lebanon, Bahrein, Tunisia, Saudi Arabia, and Kuwait.
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  • MIAMI Realtors and Turkey Federation Sign International Partnership

    Nov 21, 2018
    The MIAMI Association of REALTORS® (MIAMI) signed an international honorary reciprocal agreement with Türkiye Tüm Emlak Müşavirleri Federasyonu (TEMFED) at the 24th Annual Miami International Real Estate Congress in Coral Gables, increasing MIAMI’s international partners to 179 (the most of any U.S. Realtor association). The alliance will create business opportunities for MIAMI members, enhance Miami’s global position and strengthen the local economy.
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  • Total Palm Beach Home Sales Increase in 3Q 2018

    Nov 07, 2018
    Total Palm Beach County home sales increased 7.4 percent in 3Q 2018 as median prices for all properties rose, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Total Broward Home Sales Increase in 3Q 2018

    Nov 07, 2018
    Total Broward County home sales increased 5.9 percent in 3Q 2018 as median prices for all properties rose, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Total Miami Home Sales Jump in 3Q 2018

    Nov 05, 2018
    Total Miami-Dade County home sales surged 15.2 percent in 3Q 2018 as median prices for all properties rose for the 27th 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 International Real Estate Congress to Feature Delegates from 12 Countries

    Oct 22, 2018
    Delegates from 12 foreign countries will participate in the 24th annual MIAMI Association of REALTORS® (MIAMI) International Real Estate Congress on Oct. 28-30 at the Biltmore Hotel. More than 300 real estate professionals will attend the prestigious event, which will feature 20 industry speakers, numerous panels and marketing sessions.
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  • Total Miami Home Sales Surge a Year after Hurricane Irma

    Oct 19, 2018
    Total Miami-Dade County home sales surged 35.7 percent last month a year after Hurricane Irma brought minimal damage and stalled hundreds of sales in September 2017, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • MIAMI Commercial & Expo to Explore Industry Trends and Opportunities

    Oct 17, 2018
    The MIAMI Association of Realtors Commercial (MIAMI Commercial) will present its 18th annual Commercial Conference & Expo on Friday, Oct. 19 at the Biltmore Hotel in Coral Gables. Five panels and sessions with more than 15 speakers will analyze the latest trends and opportunities in the South Florida commercial real estate market.
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  • MIAMI Realtors to Showcase South Florida Real Estate at Paris Expo

    Oct 11, 2018
    The MIAMI Association of REALTORS® (MIAMI) along with partner association FNAIM Gran Paris will again promote South Florida’s lifestyle and real estate market at one of France’s largest property showcases, Salon National de L’Immobilier, on Oct. 12-14 in Paris. MIAMI will make several South Florida market presentations at the expo, which is expected to attract 7,000 visitors and 70 exhibitors.
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  • Delegates from Six Countries Confirmed for MIAMI International Real Estate Congress

    Oct 10, 2018
    Delegates from six foreign countries have confirmed their participation for the 24th annual MIAMI Association of REALTORS® (MIAMI) International Real Estate Congress on Oct. 28-30 at the Biltmore Hotel. MIAMI will announce more participating countries soon as it prepares to host the international real estate event of the year, attended by more than 300 real estate professionals.
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Colombians Adding to Miami's Multicultural Community

by | Jul 27, 2016

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Looking for a world-class city and a safe place to keep their money, Colombians have increasingly turned to Miami. Known as the Capital of Latin America, Miami boasts premier beaches, brand shopping and urban living, which Colombians and South Americans desire.

So it should come to no surprise that Colombia continues to lead all foreign countries searching for South Florida real estate. Colombia registered the most web searches among all global nations on the MIAMI Association of REALTORS® (MIAMI) web portal, www.Miamire.com in May 2016. Colombia has now led the MIAMI search rankings for six consecutive months.

"We are seeing an increased diversification of foreign buyers from a large array of countries," said Mark Sadek, the 2016 MIAMI Chairman of the Board. "This increased diversification is the new norm for Miami real estate."

Miami is just a three-hour flight from Bogota. Colombians are attracted by Miami's multicultural, multilingual population, tropical climate, global business center and world-class amenities. They join a growing percentage of South Americans here in Miami from countries like Brazil, Peru, Argentina, Venezuela and more.

South Florida is the No. 1 U.S. market for international consumers in May 2016, according to Realtor.com data.

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 South Florida transactions, according to the survey conducted by MIAMI and the National Association of REALTORS. Only Venezuelan (13 percent) and Brazilian (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.

Surging Interest from Spain, India
Spain posted the fifth-most searches of South Florida real estate in May. It was the country's highest finish since it took sixth in June 2013. India, meanwhile, continues to show strong interest in Miami properties. India, which has a population of 1.25 billion residents had the sixth-most searches for the third consecutive month.

The top-10 countries visiting Miamire.com in May

2016

  1. Colombia
  2. Venezuela
  3. Argentina
  4. Brazil
  5. Spain
  6. India
  7. Canada
  8. Israel
  9. Philippines
  10. Mexico

2015

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

South Florida: The Top-Ranked U.S. Market for International Consumers
Miami-Fort Lauderdale-West Palm Beach is the most-searched U.S. market for international consumers, according to Realtor.com May 2016 data. South Florida has now registered the global real estate web searches of any U.S. market for seven consecutive months. Realtor.com began studying U.S. regions for international real estate demand in November 2015.

The top-10 U.S. markets for international real estate demand:

  1. Miami-Fort Lauderdale-West Palm Beach
  2. Los Angeles-Long Beach-Anaheim, CA
  3. Bellingham, WA
  4. New York-Newark-Jersey City, NY-NJ-PA
  5. Orlando-Kissimmee-Sanford, FL
  6. Urban Honolulu, HI
  7. Tampa-St. Petersburg-Clearwater, FL
  8. Kahului-Wailuku-Lahaina, HI
  9. San Francisco-Oakland-Hayward, CA
  10. Houston-The Woodlands-Sugar Land, TX

South Florida ranked as a top-five market for consumers in eight of the world's ten-largest regions in May 2016. South Florida finished as the most-searched market in four of the regions:

North America:

  1. New York-Newark-Jersey City, NY-NJ-PA
  2. Chicago-Naperville-Elgin, IL-IN-WI
  3. Dallas-Fort Worth-Arlington, TX
  4. Philadelphia PA
  5. Miami-Fort Lauderdale-West Palm Beach

South America:

  1. Miami-Fort Lauderdale-West Palm Beach
  2. Orlando-Kissimmee-Sanford, FL
  3. Los Angeles-Long Beach-Anaheim, CA
  4. New York-Newark-Jersey City, NY-NJ-PA
  5. Tampa-St. Petersburg-Clearwater, FL

Northern Europe:

  1. Los Angeles-Long Beach-Anaheim, CA
  2. Orlando-Kissimmee-Sanford, FL
  3. New York-Newark-Jersey City, NY-NJ-PA
  4. Miami-Fort Lauderdale-West Palm Beach
  5. Tampa-St. Petersburg-Clearwater, FL

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. San Francisco-Oakland-Hayward, CA
  5. Chicago-Naperville-Elgin, IL-IN-WI

Western Europe:

  1. Los Angeles-Long Beach-Anaheim, CA
  2. Miami-Fort Lauderdale-West Palm Beach
  3. New York-Newark-Jersey City, NY-NJ-PA
  4. Washington DC
  5. Tampa-St. Petersburg-Clearwater, FL

Caribbean:

  1. Miami-Fort 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

Southern Europe:

  1. Miami-Fort 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. Chicago-Naperville-Elgin, IL-IN-WI

Eastern Asia:

  1. Los Angeles-Long Beach-Anaheim, CA
  2. New York-Newark-Jersey City, NY-NJ-PA
  3. San Francisco-Oakland-Hayward, CA
  4. Washington DC
  5. Dallas-Fort Worth-Arlington, TX

Western Asia:

  1. Miami-Fort Lauderdale-West Palm Beach
  2. Los Angeles-Long Beach-Anaheim, CA
  3. New York-Newark-Jersey City, NY-NJ-PA
  4. Houston-The Woodlands-Sugar Land, TX
  5. Washington DC

Eastern Europe:

  1. Los Angeles-Long Beach-Anaheim, CA
  2. Miami-Fort Lauderdale-West Palm Beach
  3. Chicago-Naperville-Elgin, IL-IN-WI
  4. New York-Newark-Jersey City, NY-NJ-PA
  5. Tampa-St. Petersburg-Clearwater, FL

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