Foreign buyers have been the #1 buyers of South Florida real estate for more than a decade. However, for the past few years, there was a tremendous decrease in Latin American buyer’s activity due to inflation and unstable local governments. However, according to the Profile of International Home Buyers Report of 2018, there was a rose of 23% of foreign purchase activity in 2018 compared to 2017. Out of those foreign buyers, Brazilians are in the top of the list.
Tag Archives: south florida real estate market
Today I don’t feel like speaking about whether we should be scared of a housing bubble or not. Instead, let’s speak about the reasons why home sales are looking healthy, and not only in Miami but in the United States in general! Read the rest of this entry »