According to MIAMI Association of REALTORS Chairman of the Board, Colombians and all home buyers love Miami because it is young, modern, multicultural, multilingual and growing. Historically, changes in the political landscape have led to more searches and purchases by global buyers.
The influx of international investment in South Florida is a welcome change for sellers and brokers, now that high mortgage rates have pushed domestic buyers to the sidelines. And the numbers show that foreign investment is returning. Brokers are particularly seeing buyers from Brazil, Argentina, Colombia.
With Miami\’s fintech expansion and stature as the No. 1 U.S. destination for global homebuyers, demand is driving the real estate market and the lack of housing supply continues to fuel property appreciation and record sales, CLICK ON THE HEADLINE FOR MORE
As travel restrictions lift, international buyers have begun to return to Miami’s luxury market, adding another layer to already red-hot demand in South Florida. CLICK ON THE HEADLNE FOR MORE
