Miami Mortgage News

Brazilians Lead List of Global Consumers Searching South Florida Real Estate

The MIAMI Association of REALTORS® (MIAMI), the nation's largest local Realtor association, continues to see sizable increases in visitors to its website, a sign more consumers are searching for properties and information about the South Florida real estate market.

MIAMI's website, Miamire.com, registered 188,287 visits in February 2015--- a 42.6-percent increase from the amount of web visitors in February 2014. Miamire.com also had 62,527 unique visitors in the month of February, a jump of 33 percent compared to the same month a year ago.

Brazil topped the list of countries that conducted searches on the MIAMI site in February 2015. Brazilians have long been interested in Miami real estate, and regularly rank among South Florida's top foreign buyers. In 2014, Brazilians registered 11 percent of all South Florida international real estate deals. Brazil had the third-most Miami and Broward Counties transactions among all foreign countries, trailing only Venezuela (16 percent) and Argentina (12 percent).

"Brazil has always been in South Florida's top-five for most international transactions each year, so it's not a surprise Brazilians had the most web visits on the MIAMI site," said Christopher Zoller, a 27-year Miami-based REALTOR® and the 2015 Residential President of the MIAMI Association of REALTORS®. "The amount of international activity on the website each month is impressive. There are a lot of investors coming to Miami from all over the world. And it's not just foreign countries. People from New York, Connecticut, California and other states are looking at our website."

Top-10 Countries visiting Miamire.com in February:
2015

1. Brazil
2. Colombia
3. Venezuela
4. Canada
5. India
6. Argentina
7. United Kingdom
8. Russia
9. Philippines
10. Italy

2014

1. Brazil
2. Colombia
3. Canada
4. India
5. Argentina
6. Venezuela
7. Bolivia
8. France