South Florida Luxury Homes Continue Enticing International Buyers

Real Estate Broker/Owner with Berkshire Hathaway HomeServices Florida Realty 405188

Fort Lauderdale luxury homes attract foreign buyers

When it comes to South Florida real estate, international buyers continue to grow with 2015 being a stellar year and 2016 expected to do as well if not better.

In fact, foreign real estate buyers accounted for about 36 percent of the dollar value when it comes to home sales in the South Florida residential real estate market. According to the Miami Association of REALTORS®, Miami-Dade County topped the area in home sales with 78.9 percent of $6.1 billion in homes sales, while Broward County registered 18 percent of these sales. Coral Gables luxury homes and Fort Lauderdale luxury homes were undoubtedly part of the draw!

Find out more about the international real estate buying market and what 2016 is expected to bring!

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