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.
miami association of realtors
The total number of home sales was up more than 12% in September 2020 over September 2019 sales in both Miami-Dade County and Broward, according to the Miami Association of Realtors. That follows a similar increase in August — welcome relief after the four-month decline in previous months.
Thus far, South Florida has primarily seen only wealthy investors from India and Pakistan buying commercial properties and high-end residential properties, but an influx of new middle-class buyers from the sub-continent could dramatically impact the real estate market. CLICK ON THE HEADLINE FOR MORE