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.
    Full story
  • 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.
    Full story
  • 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.
    Full story
  • 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.
    Full story
  • 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.
    Full story

Colombia Remains the Most Active Country Searching Miami Real Estate

by | Sep 21, 2016

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Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI's search portal, www.Miamire.com, in July 2016. Colombia has now led the MIAMI rankings for eight consecutive months.

Spain and Israel increased their interest in Miami real estate as New York maintained its position as the top U.S. state seeking local property. South Florida, meanwhile, finished as the most searched U.S. market for international consumers in July, according to Realtor.com.

"It is no surprise Miami is the most searched U.S. market for international home buyers," said Mark Sadek, the 2016 MIAMI Chairman of the Board. "Miami welcomes and embraces all cultures. From South America to Europe to China to all over the globe, foreign home buyers feel at home in Miami."

Colombia: A Top Market for South Florida Real Estate
In its continued efforts to promote Miami real estate around the world, MIAMI made a Miami market presentation at Colombia's most influential property showcase. The Gran Salón Inmobiliario — held Aug. 25-28 in Bogotá, Colombia — attracted more than 30,000 visitors and 200 exhibitors.

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.
Spain & Israel Increase
Interest in Miami Real Estate
For the third consecutive month, Spain ranked among the top-six foreign countries for Miami real estate searches. Spain's fifth-place ranking in July tied for the country's highest position in the rankings (also fifth in May 2016). Israel also tied for its highest-ever finish in the MIAMI rankings. Israel had the eighth-most web searches in May 2016.

The top-10 countries visiting Miamire.com in July

2016: 2015:
  1. Colombia
  2. Brazil
  3. Venezuela
  4. Argentina
  5. Spain
  6. Canada
  7. Italy
  8. Israel
  9. India
  10. Peru
  1. Colombia
  2. Brazil
  3. Venezuela
  4. France
  5. Argentina
  6. Canada
  7. India
  8. Peru
  9. Spain
  10. Italy

New York Leads All States in Searching for Miami Real Estate
For the third consecutive month, New York registered the most domestic Miami web searches.

Miami's all-year sunny weather and growing world-class amenities are attracting more interest from Northeastern states. The District of Columbia, also in the Northeast, is another emerging market for Miami real estate. The nation's capital registered the seventh-most web searches of South Florida real estate in July 2016.

The top-10 U.S. states searching Miamire.com in July

2016: 2015:
  1. New York
  2. Georgia
  3. Texas
  4. California
  5. Illinois
  6. Pennsylvania
  7. District of Columbia
  8. Michigan
  9. New Jersey
  10. North Carolina
  1. California
  2. New York
  3. Texas
  4. Georgia
  5. Illinois
  6. Tennessee
  7. Louisiana
  8. Virginia
  9. Pennsylvania
  10. New Jersey

South Florida is the Most Searched U.S. Market
Miami-Fort Lauderdale-West Palm Beach finished as the most searched U.S. market for international consumers in July, according to Realtor.com. Miami has ranked No. 1 in eight of the last nine months.

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. Daphne-Fairhope-Foley, AL
  6. Orlando-Kissimmee-Sanford, FL
  7. Urban Honolulu, HI
  8. Kahului-Wailuku-Lahaina, HI
  9. Tampa-St. Petersburg-Clearwater, FL
  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 July 2016. South Florida finished as the most-searched market in four regions (South America, Caribbean, Southern Europe and Western Asia).

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, FL

South America:

  1. Miami-Fort Lauderdale-West Palm Beach, FL
  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. New York-Newark-Jersey City, NY-NJ-PA
  3. Orlando-Kissimmee-Sanford, FL
  4. Miami-Fort Lauderdale-West Palm Beach, FL
  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. Houston-The Woodlands-Sugar Land, TX

Western Europe:

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

Caribbean:

  1. Miami-Fort Lauderdale-West Palm Beach, FL
  2. Orlando-Kissimmee-Sanford, FL
  3. New York-Newark-Jersey City, NY-NJ-PA
  4. Tampa-St. Petersburg-Clearwater, FL
  5. Atlanta-Sandy Springs-Roswell, GA

Southern Europe:

  1. Miami-Fort Lauderdale-West Palm Beach, FL
  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. Dallas-Fort Worth-Arlington, TX
  4. Washington, DC
  5. San Diego-Carlsbad, CA

Western Asia:

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

Eastern Europe:

  1. Los Angeles-Long Beach-Anaheim, CA
  2. Miami-Fort Lauderdale-West Palm Beach, FL
  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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