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Miami Digs: Foreigners love Miami

Posted by in Uncategorized | May 01, 2013

21SOBE_SPAN-articleLargeIn this highly evolving real estate world, Miami now ranks second only to Los Angeles for foreign consumers shopping for U.S. properties on Realtor.com in March. That was up from fourth place in popularity in February, according to the Miami Association of Realtors.

After the United States, the top source countries for consumers searching for Miami properties on Miamire.com was Canada, followed by Brazil, Colombia, Venezuela and Argentina. France ranked No. 7; India was No. 8; Germany was No. 9; and Ecuador, No. 10,

The greater Miami area is seeing a surge of buyers particularly in Brickell and South Beach.  While inventory is lean in Miami Beach, the Brickell area is still thriving.  But for how long will this last.

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