In ternat ional B u y e r s F l o c k T o

South Florida’s

Real Estate Market

L u c r a t i v e

Florida real estate is making a

name for itself worldwide, with

international sales on the rise.

Here’s what you need to know

about the current market and

Florida’s international buyers.

The median sale price of

Florida townhouses and

condos increased steadily

from July 2013 to July 2014.

Traditional - 6.7%

Foreclosure/REO - 2.4%

Short Sale - 18.9%

What Does Florida’s

Current Townhouse and Condo Market

Look Like?

The number of

active listings of

townhouses and

condos was up

10.9% in July 2014,

compared to the

same time last year.

International

Buyers are

Flocking to

Florida

63% of realtors

report having

international

clients, compared

to the national

average of just

over a quarter.

International

clients have

increased 31%

over the last 5

years in Florida,

compared to the

national average

of 21%.

In just a one-year

period, international

buyers purchased

6.4 billion dollars

worth of Florida real

estate.

Key Facts on International Sales

in Florida

Most Popular Areas:

1. Miami-Miami Beach

2. Orlando-Kissimmee

3. Fort Lauderdale

47% of buyers

prefer detached

single-family

homes, 34%

prefer condos,

and 11% prefer

townhouses.

84% of sales

were cash

transactions in

2013.

Where Do the

Majority of the

International Buyers Come From?

30% come from

Canada

8% are from

Venezuela 7% are from

Brazil 6%

are from

the

U.K.

Top Factors Why

International Buyers

are Choosing Florida

Real Estate

Florida real

estate is more

affordable

than real

estate in their

home country.

Buying Florida

property is

seen as a

secure

investment.

Florida is

thought of as a

desirable

location.

Florida real

estate is seen

as a profitable

investment.

International

Buyers Spend More in Florida

Non-residential

foreign buyers

tend to be

wealthier than

domestic buyers

and pay higher

prices.

International

buyers tend to

look for above

average

properties for

both investments

and leisure

purposes.

International

buyers spent a

median price of

$216,477,

compared to the

overall Florida

median price of

$144,047.

Contact Us Since 2011, Decorus Realty has been meeting the high

demand for exceptional real estate expertise and

service in South Florida. Decorus offers a multitude of

services so you don’t have to go anywhere else.

• Luxury Real Estate

• Commercial Investments

• Property Management

• Legal Services

• Asset Management

• Financial & Concierge Services

Please visit decorusrealty.com for more information.

SOURCES

Slide 3: All statistics and facts on Florida’s townhouse and condo

market are from Florida REALTORS’ Monthly Market Summary –

July 2014, Townhouses and Condos.

http://media.floridarealtors.org/wp-

content/uploads/2014/08/July-2014-Fla-condo-summary.pdf

Slides 4 – 8: All statistics and facts on Florida’s international buyers

market are from the National Association of REALTORS’ Profile of

International Home Buyers in Florida, 2013 Report.

http://www.realtor.org/sites/default/files/reports/2013/Florida-

International-Buyers-report-2013.pdf