Real Estate

Colombia accounts for most web searches of South Florida real estate 

House hunters from Colombia made the most international web searches for South Florida real estate in May, closely followed by Germany and Canada, according to a new report by the MIAMI Association of REALTORS® (MIAMI).  

Potential buyers from 149 countries searched, which has three consumer-facing property-search portals, in May. Colombia, which also accounts for South Florida’s top international property buyers, has now finished in the top-two countries searching Miami real estate for the last 26 months. 

“Miami real estate used to be dependent on different waves from different countries depending on where the growth was coming from,” 2024 MIAMI Chairman Gus Fonte said in a statement. “That’s no longer the case. If one global market pulls back, our market will have demand from many others. We are getting global home buyers from everywhere in the world.” 

Top 10 countries searching in May:        

  1. Colombia                           
  2. Germany                           
  3. Canada                              
  4. Argentina                          
  5. United Kingdom                
  6. Spain                                  
  7. India                                   
  8. Venezuela                          
  9. China                                 
  10. Russia                         

Stateside, Virginia became the new top state searching Miami real estate, overtaking Georgia, which had been No. 1 for 14 consecutive months beginning in February 2023. 

 Top 10 U.S. states searching in May:  

  1. Virginia
  2. Georgia
  3. New York
  4. Ohio
  5. Michigan
  6. California
  7. North Carolina
  8. Indiana
  9. Kansas
  10. Texas

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