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Rankings put Miami as one of the most searched for property destinations in the world

Although domestic buyers remain the top searchers for property in the area there are an increasing number of buyers from South America. Buyers from Brazil, Columbia, Venezuela, Argentina and Peru all make the top ten list in second, third, fifth, sixth and ninth places respectively. Mexico shares tenth place with the UK, Greece and Italy.

The only other countries in the top are Canada in fourth place, France in seventh place and Spain in eighth place.

‘Miami has long attracted international buyers and investors. But now we are seeing increasing interest from emerging markets in South America, Mexico, and Asia.  These property search results confirm that Miami real estate is increasingly attracting worldwide attention,’ said Natascha Tello, chairman of the board of the Miami Association of Realtors.

International data also shows that Miami rates high on real estate searches in other countries including Germany, India, France, the Netherlands, Italy, Russia , Spain, Switzerland and Sweden.

‘These rankings confirm Miami’s status as a global city and focal point for buyers and investors from markets worldwide, including some that previously were not as interested in local properties,’ said Fernando Martinez, 2013 president of the Miami Association of Realtors.

‘Buyers from countries such as India, Germany, Sweden, and the Netherlands were not actively seeking to invest in Miami, but clearly this trend has changed significantly in the current market,’ he added.

Miami was the fourth most searched US city by international consumers, behind Chicago, Los Angeles, and Detroit and among the top ten overall most searched US cities by non US consumers throughout the month of January 2013. Fort Lauderdale ranks eighth. If the Miami-Fort Lauderdale market were combined, the ranking would be even higher.

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