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Colombia Leads Countries Looking for Miami Homes in February

by | 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.

South Florida is Top-5 Market for Homebuyers in World’s Six Largest Regions

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MIAMI — 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.
                        
Colombia registered 13.7 percent of all international searches on MIAMI’s portal, www.MiamiRealtors.com, in February 2018.

Colombia Leads Countries Looking for Miami Homes in February

“Home buyers from all over the world continue searching and buying Miami real estate,” said George C. Jalil, a Miami broker and the 2018 MIAMI chairman of the board.

Top-10 countries Visiting MiamiRealtors.com in February 2018:
Country / Share of International Searches

  1. Colombia / 13.7%
  2. Venezuela / 11.5%
  3. Canada / 7.6%
  4. Argentina / 5.5%
  5. Brazil / 4.9%
  6. India / 4.7%
  7. Peru / 3.5%
  8. Philippines / 3.2%
  9. Mexico / 2.7%
  10. Dominican Republic / 2.6%

Colombia: A Top Market for South Florida Real Estate
Colombian home buyers tied with Canada in making the third-most international purchases in South Florida, according to the 2017 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members. Colombia had a 9 percent share of all international purchases in South Florida. Argentina (15 percent) and Venezuela (11 percent) had the most and second-most purchases, respectively.

MIAMI again promoted its members, South Florida’s lifestyle and real estate market at Colombia’s largest property showcase, El XII Gran Salón Inmobiliario – Feria Internacional, last year in Bogotá, Colombia. MIAMI made a South Florida market presentation at the 12th annual expo, which attracted 30,000 visitors and 200 exhibitors.

Top-10 International Cities Visiting MiamiRealtors.com in February 2018

  1. Bogotá, Colombia
  2. Capital District, Venezuela
  3. Quebec
  4. Antioquia, Colombia
  5. Buenos Aires, Argentina
  6. Buenos Aires Provence
  7. Sao Paolo, Brazil
  8. Lima, Peru
  9. Carabobo, Venezuela
  10. Mexico City

New York Tops States Looking for Miami Homes
New York registered the most domestic Miami real estate web searches in February.

Top-10 U.S. States Visiting MiamiRealtors.com in February 2018

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

South Florida Continues as Most Searched U.S. Market by International Home Buyers
Miami-Fort Lauderdale-West Palm Beach remains the most searched U.S. market by international consumers, according to Realtor.com February 2018 data. South Florida has consistently ranked among the top-two U.S. markets for global real estate demand.

Top-10 U.S. Markets for International Real Estate Demand: February 2018

  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. Kahului-Wailuku-Lahaina, HI
  6. Orlando-Kissimmee-Sanford, FL
  7. Urban Honolulu, HI
  8. Phoenix-Mesa-Scottsdale, AZ
  9. Tampa-St. Petersburg-Clearwater, FL
  10. Riverside-San Bernardino-Ontario, CA

Top-10 countries Driving International Demand in South Florida: February 2018

  1. Canada
  2. Brazil
  3. United Kingdom
  4. Colombia
  5. Argentina
  6. Germany
  7. Jamaica
  8. France
  9. Mexico
  10. Spain

South Florida ranked as a top-five market for consumers in the world’s six largest regions in February 2018. South Florida finished as South America’s most-searched U.S. market, collecting 23.12 percent of all international page views from South America. Miami’s share of page views from South America is the largest share for any region by any U.S. market.

  • North America: 1. New York-Newark-Jersey City, NY-NJ-PA (4.70% of all page views in the region); 2. Chicago (3.17%); 3. Dallas (3.13%), 4. Miami-Fort Lauderdale-West Palm Beach, FL (3.12%); 5. Atlanta (2.39%)
  • Northern Europe: 1. Los Angeles (10.82%); 2. New York (8.58%); 3. Orlando (6.82%); 4. Miami-Fort Lauderdale-West Palm Beach, FL (6.02%); 5. Lakeland (3.36%)
  • Western Europe: 1. Los Angeles (7.90%; 2. New York (7.24%); 3. Miami-Fort Lauderdale-West Palm Beach, FL (5.88%); 4. Dallas (3.26%), 5. Atlanta (2.36%)
  • Australia and New Zealand: 1. Los Angeles (16.25%); 2. New York (14.43%); 3. Miami-Fort Lauderdale-West Palm Beach, FL (2.74%); 4. Dallas (2.68%); 5. San Francisco (2.35%).
  • South America: 1. Miami-Fort Lauderdale-West Palm Beach, FL (23.12%); 2. Orlando (12.66%); 3. New York (8.58%); 4. Los Angeles (5.74%); 5. Tampa (2.62%)
  • Western Asia: 1. New York-Newark-Jersey City, NY-NJ-PA (7.45%); 2. Miami-Fort Lauderdale-West Palm Beach, FL (6.45%); 3. Los Angeles (6.26%); 4. Houston (4.02%); 5. Dallas (3.67%)