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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MIAMI International Real Estate Congress Attracts Foreign Delegates, Industry Experts

by | Mar 09, 2017
Untitled Document

South Florida international home sales increased year over year in 2016, according to findings from the 2016 MIAMI Association of REALTORS® (MIAMI) Profile of International Home Buyers survey announced at the recent 22nd annual MIAMI International Real Estate Congress.

South Florida international home sales accounted for $6.2 billion in dollar value in 2016, up from $6.1 billion from the previous year. The complete survey, prepared annually for MIAMI by the research division of the National Association of REALTORS® (NAR), was released by MIAMI on Jan. 19.

“South Florida remains the top region in the nation for international real estate, and our annual International Real Estate Congress gathered many of our foreign delegates for an unforgettable week of learning and collaboration,” said Teresa King Kinney, MIAMI’s chief executive officer.

80 Foreign Delegates Participated at MIAMI Congress
Eighty foreign delegates from 13 countries and hundreds of Realtors® from the U.S. collaborated, networked and learned at the MIAMI Congress.

Delegates from Austria, Brazil, Israel, Spain, UAE/Dubai and Greece provided market presentations on their respective countries on the first day of the Congress on Oct. 30.

Attendees enjoyed nightly gala receptions and participated in marketing sessions to capitalize on the presence of MIAMI’s esteemed partners. MIAMI has official partnerships with 160 international organizations worldwide.

After the Miami Congress’ conclusion in Coral Gables, MIAMI delegates and real estate professionals traveled to the Trump National Golf Club in Jupiter on Nov. 2 for an international luncheon and information session. The event highlighted Palm Beach economic growth and statistics while also discussing Palm Beach’s impact in the global real estate marketplace.

MIAMI provided delegates tours of Palm Beach locations such as the historic Breakers Palm Beach hotel and CityPlace, the upscale lifestyle center in downtown West Palm Beach. Dozens of Miami Congress delegates then made the 2.5-hour drive with MIAMI from Jupiter to the 2016 NAR REALTORS® Conference and Expo on Nov. 4-7 in Orlando.

Visit MiamiCongress.com for PDFs of all the presentations at the 2016 MIAMI Congress. The direct link for MIAMI Congress videos is
http://bit.ly/2fdHelk

2016 MIAMI Congress photos are at:
https://www.flickr.com/photos/rambmiami/albums/72157675855066716

The 2017 MIAMI International Real Estate Congress will be held Oct. 29-31, 2017. To register, visit: http://www.miamicongress.com Join more than 300 real estate professionals in Miami and then fly non-stop to Chicago for the 2017 NAR Conference & Expo on Nov. 2-6, 2017.

Miami: A 24-Hour City on the Rise
NAR Chief Economist Lawrence Yun’s keynote address at MIAMI Congress detailed Miami’s growth as a 24-hour, global city. South Florida is setting new highs for job creation as it remains one of America’s top place for international real estate purchases, Yun said.

Miami’s strong real estate market can be attributed to its growth as a 24-hour city. Miami is one of just seven 24-hour cities in the United States, Yun said. Boston, Chicago, Las Vegas, New York, San Francisco and Washington, D.C. are the others. 24-hour cities create more jobs, revitalize public space, promote citizen security, foster tourism and offer a sense of belonging to residents.

“24-hour cities perform better consistently in all economic real estate data points” Lawrence Yun

Markets to Target

Colombia, China, Eastern Europe, Canada and Chile are the top markets to target in South Florida, Yun said the Miami Congress.

Chinese investment in South Florida has increased in recent years, and was a top subject at the 2016 MIAMI International Real Estate Congress. For the first time, China ranks among the top-10 foreign countries purchasing South Florida real estate. Chinese investors purchased 3 percent of all South Florida international real estate sales in 2016, which ranks the country ninth.

Jesse Ottley, president of the development division of the Cervera Real Estate and the AREAA President-Elect, and Craig Studnicky, co-founder and principal of ISG World, led a Congress panel discussion on China.

Chinese students are the fastest-growing demographic at the University of Miami and that statistic should only increase now that UM is the top ranked university in Florida, according to the 2017 rankings from U.S. News & World Report. Miami’s Florida International University, which has a campus in China, has two times as many Chinese students (2,000) as Miami.

China loves Miami’s top schools, infrastructure, modern and cutting-edge condominiums, PortMiami expansions and the city’s status as the Capital of Latin America. Those same positives are why Miami is attracting homebuyers from an increasingly diversified array of countries. The Middle East, India and Turkey have joined longtime Miami investment from South America.

“One of our realities is we have gone from being this fun, beach town to all of a sudden being a global city that offers great venues for art, entertainment, culture and education,” said Alicia Cervera Lamadrid, the managing partner and principal at Cervera Real Estate. “That speaks to people at a different level. Before, people were thinking let me grab my bathing suit and go to Miami for a week. Now, they are thinking let me grab my family and relocate.”

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