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Colombia Again No. 1 Global Country Searching for Miami Real Estate; Washington is Top State

Colombia Again No. 1 Global Country Searching for Miami Real Estate
Colombia Again No. 1 Global Country Searching for Miami Real Estate

MIAMI — Colombia posted the most global web searches for Miami homes in June 2022, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now topped the list of foreign countries searching for Miami real estate for four consecutive months as South Florida continues to see surging global buyer demand with pandemic-related protocols relaxing and unstable political situations developing around the world.

 

“Miami is a special play to live, work and play,” MIAMI Chairman of the Board Fernando Arencibia Jr. said. “It is no wonder that Time Magazine has nicknamed Miami as one of the World’s Greatest Places of 2022. Our robust and dynamic real estate market continues to attract international attention from a diversified list of countries that span the globe.”

 

Colombia accounted for 13.02% of all international searches on MiamiRealtors.com in June 2022, an increase from the country’s 12.34% search total in May 2022. Homebuyers from more than 160 countries search MiamiRealtors.com each month.

 

Top-10 countries Searching MiamiRealtors.com in June 2022:

Country                                 Share of International Searches

  1. Colombia                       13.02%
  2. Argentina                       6.50%
  3. Spain                              6.00%
  4. Venezuela                     5.98%
  5. United Kingdom           5.15%
  6. Canada                         5.11%
  7. Philippines                   4.64%
  8. Mexico                         4.27%
  9. Brazil                            4.20%
  10. India                            3.50%

All Other Countries                41.63%

 

Colombia: A Top Market for South Florida Real Estate
Colombia purchased the second-most South Florida real estate among foreign countries in 2021, according to the 2021 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members. Colombia buyers purchased 12% of all international purchases in South Florida. Argentina (13%) finished first. Venezuela (10%) finished third. Access the report: https://bit.ly/22MIAMIGlobalStudy

 

Top-10 International Cities Searching MiamiRealtors.com in June 2022

  1. Bogotá, Colombia
  2. Antioquia, Colombia
  3. Buenos Aires, Argentina
  4. Capital District, Venezuela
  5. Buenos Aires Province, Argentina
  6. Quebec, Canada
  7. Ontario, Canada
  8. State of Sao Paulo, Brazil
  9. Valle del Cauca, Colombia
  10. Madrid, Spain

Washington: #1 State Looking for Miami Homes
Washington registered the most domestic Miami real estate web searches in June 2022. Texas ranked as the No. 10 out-of-state buyer in the South Florida area in 2021, according to the 2021 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members. New York was No. 1. Access the report: https://bit.ly/22MIAMIGlobalStudy

 

Top-10 U.S. States Searching MiamiRealtors.com in June 2022
1. Washington

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

 

Top-10 U.S. Metros Searching MiamiRealtors.com in June 2022

1.Washington, D.C.

  1. Dallas-Ft. Worth, TX
  2. Atlanta, GA
  3. New York, NY
  4. Chicago, IL
  5. Houston, TX
  6. Los Angeles, CA
  7. San Antonio, TX
  8. Charlotte, NC
  9. Lexington, KY

 

About the MIAMI Association of Realtors

The MIAMI Association of Realtors (MIAMI) was chartered by the National Association of Realtors in 1920 and is celebrating 102 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of six organizations: MIAMI RESIDENTIAL, MIAMI COMMERCIAL; BROWARD-MIAMI, a division of MIAMI Realtors; JTHS-MIAMI, a division of MIAMI Realtors in the Jupiter-Tequesta-Hobe Sound area; MIAMI YPN, our Young Professionals Network Council; and the award-winning MIAMI Global Council. MIAMI REALTORS represents over 60,000 total real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local Realtor association in the U.S. and has official partnerships with 230 international organizations worldwide. MIAMI REALTORS has launched its new YPN Global and will host the first-ever YPN Global Congress in early 2023 in Dubai. MIAMI has been selected to host the prestigious FIABCI World Congress on June 5-9, 2023. MIAMI’s official website is www.MiamiRealtors.com

 

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