Miami Real Estate and EWM Make The News Overseas

On August 13, the Financial Times of London posted a video titled Foreign Buyers Flock to Miami.   EWM’s Ron Shuffield and Carole Smith were featured in the story, which highlighted the following:

  • 2011 was a record year for the number of sales of single family homes and condos
  • Majority of foreign buyers are from Venezuela, Brazil and Argentina
  • 2011 60 % of sales from foreign buyers and 90% of them paid cash
  • 2012 sales jumped 20% in first 1/2 of year.
  • 65% of June 2012 sales were cash sales 90% of the sales were to foreign buyers
  • Sunshine, multiculturalism and global access are features that make Miami so attractive to buyers

About The Author

Jennifer Wollmann

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  31. […] Miami Real Estate and EWM Make The News Overseas […]

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