October 27, 2015
According to web traffic data from August, Brazil is still the top foreign country searching for Miami real estate on the Internet. Brazil has topped the list 14 out of the past 15 months, with Venezuela taking the number one spot a single time. Russia, Colombia, Venezuela and Argentina round out the top 5, respectively.
Potential home buyers from Spain and Israel showed increased interest in South Florida real estate. Spain took the 8th place spot, and Israel recorded its first appearance in the top 10 at number 9.
While Brazilians searched the most for Miami homes, they did not account for the most home purchases. Brazilians ranked third in all foreign real estate transactions in South Florida last year, with 11 percent of all sales. Venezuela and Argentina topped Brazil, with 16 percent and 12 percent of the market share.
For more information on luxury real estate in Miami, contact Niki Higgins at +1-954-817-2500 or +1-888-242-4422.
Source: PR Web
