Tuesday, July 30, 2013

Brazilians among Top Foreign Consumers Searching Miami Properties in May 2013


by Miami Admin | Jul 03, 2013
Brazil ranked among the top countries searching for Miami properties on Miamire.com in May 2013, according to the 27,000-member MIAMI Association of Realtors® (MIAMI). Trends also show that South Florida remains the top area in the nation for international real estate buyers and consumers, evidenced by statistics from the MIAMI website, which has received more than one million visits between January and May 2013.
Brazilian Interest in Miami Market Grows
Brazil topped the list of countries—second only to the U.S.—that conducted searches on the MIAMI website (www.miamire.com) in May. MIAMI is the ambassador association for the National Association of Realtors to SECOVI-SP in Brazil and has conducted extensive outreach to Brazilian agents and buyers since 1996. SECOVI-SP was MIAMI's first international partner association. Today MIAMI has more than 100 partnerships with real estate associations worldwide, including FENACI, COFECI, and Balneario Camboriu also in Brazil. MIAMI also shares listings with associations in Brazil through its landmark International Data Exchange, which further promotes MIAMI members and the South Florida market.
As a result, Brazilian buyers consistently rank in the top three countries of origin investing in Miami real estate, according to the 2012 Miami International Market Report.
"Miami continues to be a top choice for Brazilian buyers who feel at home in Miami and are attracted by the local lifestyle, culture, and thriving real estate market," MIAMI Chairman of the Board Natascha Tello said. "Our relationships further boost already strong interest in our market, as affluent Brazilians prefer Miami over any other market in Florida and the U.S."

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