Miami Briefs
The Real Deal 2008, March 3
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- $5.99
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- $5.99
Publisher Description
Foreigners buy more Florida condos Real estate agents say that the weak dollar is bringing an increasing number of condo buyers to Miami from Europe, Canada and South America, Reuters reported. Florida led the country in home sales to foreigners last year, according to a National Association of Realtors study, accounting for 26 percent of such transactions in the U.S. This latest study also concluded that over 7 percent of Florida homes sold last year went to foreign buyers, and 65 percent of agents brokered at least one foreign transaction. (A previous story by The Real Deal saw a similar trend in 2006.) A record number of foreigners visited Miami in December, according to online property auction site FastHomeAuction.com.
GENRE
Business & Personal Finance
RELEASED
2008
March 3
LANGUAGE
EN
English
LENGTH
4
Pages
PUBLISHER
Korangy Publishing, Inc.
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
39.8
KB
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