Brazil Tops Foreign Consumer Searches for Miami Properties

BrasilBrazil is back in the top spot for foreign consumers searching Miami properties on according to the members of the Miami Association of Realtors.  Brazil tops the list of countries – second only the the U.S – that conducted searches in August.

Despite the recent weakening of the Brazilian currency, Brazil remains a strong market for Miami real estate, reflected by property searches and closed sales.

Following Brazil, the top foreign markets are Canada, Argentina, Columbia Venezuela, Russia, Malaysia, France, Spain and the United Kingdom.

Last year, Columbia had the top spot and the list also included Lithuania, Italy and Mexico (not included in this years top ten).

The top U.S. cities for consumers searching for Miami properties are Los Angeles, Atlanta, NYC, Dallas and Chicago.

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