Colombia leads countries looking for real estate in Miami

June 29, 2018

Colombian consumers have filed the largest number of property searches in February of this year, according to the Miami Association of Realtors (MIAMI). South Florida remains the most sought-after US market by international consumers and one of the top five markets for homebuyers, according to the data released.

Colombia recorded 13.7% in international searches on the website of the association, a position occupied by Brazil several times in previous years.

In the past, Colombia had a 9% share of all international purchases in the region. Argentina, 15%, and Venezuela, 11%, led the table.

Miami, Fort Lauderdale and West Palm Beach top the list of most researched regions internationally by real estate buyers in the US, according to a recent data from Realtor.com. South Florida has ranked as one of the top two US markets for global real estate demand.

 

Top 10 Countries:

Country – Sharing 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%
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