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.
    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."
    Full story
  • 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

Miami Realtors Showcase South Florida at Global Expo

by | Mar 29, 2017
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The MIAMI Association of REALTORS® (MIAMI) promoted South Florida real estate at the world’s largest property show, MIPIM, on March 14-17, in Cannes, France as part of the National Association of REALTORS® (NAR) expanded U.S. pavilion. MIAMI has exhibited with NAR at MIPIM for three consecutive years to increase awareness of U.S. markets.

MIAMI leaders touted Miami’s rise as a world-class global city and worked to attract more commercial and residential investment for South Florida.

“Real estate is an integral part of South Florida’s economy and it’s important to showcase Miami’s evolution as a top world-class city on this global stage,” said Christopher Zoller, a Coral Gables Realtor and 2017 MIAMI Chairman of the Board. “Investors want to build and develop properties in Miami because we’re growing, boast an incredible lifestyle and abound with economic opportunities.”

NAR hosts a U.S. pavilion to increase awareness of U.S. markets with commercial and luxury development potential. In addition to Miami, U.S. markets featured at the MIPIM U.S. pavilion include the states of Florida, Illinois, Missouri, Nevada, Rhode Island and Washington and the metro areas of San Diego, Scottsdale, Las Vegas, Reno and New York.

Five MIAMI leaders and three MIAMI executives represented MIAMI at the MIPIM exhibit. Participating MIAMI leaders are: Zoller of EWM Realty International; 2017 Chairman of the Board-Elect George C. Jalil of First Service Realty, Real Living; 2017 Commercial President José María “Chepe” Serrano of New Miami Realty Corp.; 2017 Commercial President-Elect Brian Sharpe of Sharpe Properties Group; and 2017 Residential President Christina Pappas of The Keyes Company.

MIAMI Chief Executive Officer Teresa King Kinney, MIAMI Senior Vice President of Public Relations & International Lynda Fernandez and MIAMI Vice President of Government Affairs and City of Doral Councilwoman Ana Maria Rodriguez participated.

MIAMI Highlighted Robust South Florida Real Estate Market
South Florida is one of the world’s top destinations for international investment. Foreign buyers purchased $6.2 billion of South Florida residential properties in 2016, up from $6.1 billion a year ago, according to the 2016 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) conducted by MIAMI and NAR.

More than half of all international home sales in the entire state of Florida (52 percent) happen in Miami-Fort Lauderdale-West Palm Beach, according to NAR’s 2016 Profile International Residential Real Estate Activity in Florida.

In 2016, the U.S. was ranked No. 1 for safe and secure investments and as the best opportunity for capital appreciation by members of the Association of Foreign Investors in Real Estate.

MIAMI leaders and executives exhibited at the U.S. pavilion with the goal to bring more investors to South Florida to invest in office buildings, residential developments and retail.

“Commercial real estate investment does so much for the South Florida economy,” Serrano said. “More commercial investment means more taxes for local cities, more jobs for local residents and ultimately more city expenditures to improve roads, highways and schools.”

90 Countries Represented at MIPIM 
About 23,000 leading real estate executives from 90 countries traveled to Cannes for the four-day annual gathering. About 2,400 investors will participate.

The event brings together investors, developers, architects, hotel groups, public authorities, city mayors and property associations from around the world. Of the roughly 23,000 attendees, only about 500 will be from the U.S.

Top Countries Investing in South Florida 
The countries of origin for consumers purchasing properties in Miami-Dade, Broward, Palm Beach and Martin counties are: 

1.    Venezuela (15 percent of South Florida foreign purchases) 
2.    Argentina (11 percent) 
3.    Brazil and Colombia (10 percent each) 
4.    Canada (6 percent) 
5.    Mexico, France & Peru (4 percent each)

The top tier countries of origin — Venezuela, Argentina, Brazil, Colombia, Canada, Mexico, France and Peru — account for 64 percent of total South Florida international closed sales.

By dollar volume, Venezuela, Brazil, Argentina, Canada and Colombia accounted for nearly half of the $6.2 billion of South Florida international home sales in 2016. Venezuelan and Brazilian buyers topped the list with $868 million and $861 million in sales volume, respectively.

The top tier of countries continues with each at 3 percent of international sales: 
● Italy 
● Ecuador 
● China 
● Dominican Republic 
● United Kingdom

Next tier countries of origin are: Spain, Germany, Australia, Honduras, South Korea, Russia, India, Costa Rica, Japan, Malaysia, Chile, Panama, Nicaragua and Portugal.

Top Countries by County 
The top countries of origin for consumers purchasing properties in Miami-Dade are: 

1.    Venezuela (17 percent) 
2.    Brazil (15 percent) 
3.    Argentina (14 percent 
4.    Colombia (8 percent) 
5.    Italy, Mexico & Canada (4 percent each)

Other top countries include Canada, France, China, the Dominican Republic and Peru.
The top countries of origin for consumers buying real estate in Broward County are: 

1.    Venezuela (18 percent) 
2.    Colombia (17 percent) 
3.    Canada (13 percent) 
4.    Argentina (12 percent) 
5.    Brazil (10 percent)

The top countries of origin for consumers buying real estate in Palm Beach County are: 

1.    Canada (30 percent) 
2.    Venezuela (9 percent) 
3.    Brazil, Germany & Italy (7 percent each) 
4.    Argentina, Colombia, Ireland & Russia (4 percent each)

The top countries of origin for consumers buying real estate in Martin County are: 

1.    Canada (21 percent) 
2.    Australia & Brazil (13 percent) 
3.    Germany & Venezuela (8 percent each)

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