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olombia again led global web searches for South Florida real estate in August 2024, according to a new report by the MIAMI Association of REALTORS. This marks the 29th consecutive month that Colombia has been among the top two countries searching Miami real estate.

    Miami's appeal is multifaceted, says Gus Fonte, 2024 MIAMI Chairman of the Board. "We have price appreciation, cultural diversity, warm weather, new branded condos, tourism, fintech migration, and more."

    In August 2024, about 146 countries searched MiamiRealtors.com, with the top 10 including countries from five continents: North America, South America, Europe, Asia, and Africa.

    Top 10 Countries Searching MiamiRealtors.com in August 2024:

    1. Colombia (10.9%)

    2. China (7.5%)

    3. Canada (6.5%)

    4. India (5.6%)

    5. Spain (5.4%)

    6. Venezuela (5.2%)

    7. Argentina (4.9%)

    8. Philippines (4.7%)

    9. Germany (4.3%)

    10. Brazil (4.2%)

    Colombia also purchased the most South Florida real estate among foreign countries in 2023, with Colombian buyers accounting for 15% of all international purchases.

    Florida is the top U.S. destination for foreign buyers, with Miami-Fort Lauderdale-West Palm Beach being the hub for international home sales. The city remains a bargain for prime property compared to other global cities, according to the Knight Frank Wealth Report.

    Top 10 International Cities Searching MiamiRealtors.com in August 2024:

    1. Bogotá, Colombia

    2. Buenos Aires, Argentina

    3. Madrid, Spain

    4. Paris, France

    5. Toronto, Canada

    6. Dublin, Ireland

    7. London, England

    8. Medellin, Colombia

    9. Caracas, Venezuela

    10. Santo Domingo, Dominican Republic

    Virginia registered the most domestic Miami real estate web searches in August 2024, while New York was the top state for out-of-state buyers in the South Florida area.

    Top 10 U.S. States Searching MiamiRealtors.com in August 2024:

    1. Virginia

    2. Georgia

    3. New York

    4. Ohio

    5. North Carolina

    6. Michigan

    7. California

    8. Indiana

    9. Texas

    10. Pennsylvania

    About the MIAMI Association of Realtors: The MIAMI Association of Realtors (MIAMI) is a 104-year-old organization that represents over 60,000 real estate professionals in South Florida.