International Transactions in Operational Research

Germany Tops Global List of Most Miami Real Estate Searches; Georgia Top State Searching

Retrieved on: 
Monday, October 16, 2023
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"German homebuyers love Miami for all the reasons consumers from 54 countries buy Miami real estate each year --- it's our unparalleled lifestyle, diversity, beaches, shops, restaurants and other attractions," MIAMI Chairman of the Board Ines Hegedus-Garcia said.

Key Points: 
  • Argentina purchased the most South Florida real estate among foreign countries in 2022, according to the 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members.
  • Colombia (13%), Peru (8%), Canada (8%) and Venezuela (6% rounded out the top 5, respectively.
  • Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2023 Knight Frank Wealth Report.
  • For $1M, homebuyers can purchase 64 square meters of prime property in Miami.

$4.5 Billion Private Banking Team Chooses Independence with Fidelis Capital to Solve Complex Issues for UHNW Clients

Retrieved on: 
Tuesday, September 5, 2023
Private banking, Connecticut College, Tuck School of Business, BS, University, Freedom, Senior, Salisbury University, Face, Wharton School of the University of Pennsylvania, Executive education, Business, Cannon, University of Pennsylvania, George Mason University, MBA, George Washington University, History, Bank of America Private Bank, Antonin Scalia Law School, International Transactions in Operational Research, Bank of America, Trust, Investment, Dartmouth, University of Mary Washington, CTFA, System, Bank, Environment, Marymount University, Mid-Atlantic (United States), BA, Financial services, Management

TAMPA, Fla., Sept. 5, 2023 /PRNewswire/ -- Fidelis Capital, an advisor-owned wealth management firm that provides a superior private banking experience, announces that one of the largest wealth management teams in the Mid-Atlantic region formerly with Bank of America Private Bank has joined the independent firm as partners. The team, which advises on more than $4.5 billion in client assets, was frustrated by the constant turnover and inability to provide solutions that they believed their clients deserved at the bank.

Key Points: 
  • "Fidelis Capital operates as an outsourced family office, which will provide tremendous value and support as we strive to help clients navigate financial complexity in their lives," said Christopher F. Tate, J.D., Partner, Wealth Strategist, Fidelis Capital.
  • Christopher Tate most recently served as Wealth Strategies Advisor, Senior Vice President at Bank of America Private Bank.
  • "As the founders of Fidelis Capital did, this team is making the transition to independence in search of an environment more amenable to the complex, ultra-high-net-worth wealth planning that their clients need."
  • As changes in the private banking world continue, Fidelis Capital remains at the forefront of change and will be positioned as the face of how the industry is evolving.

Colombia Continues Streak as No. 1 Foreign Country Searching Miami Real Estate; Texas Top State Searching

Retrieved on: 
Wednesday, August 16, 2023
NAR, International Transactions in Operational Research, International Studies Charter High School, City, National Association, Real estate, Airline

MIAMI, Aug. 16, 2023 /PRNewswire-PRWeb/ -- Colombia once again posted the most global web searches for South Florida homes in July 2023, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now finished No. 1 or No. 2 among the top list of foreign countries searching Miami real estate in each of the last 17 months.

Key Points: 
  • Argentina purchased the most South Florida real estate among foreign countries in 2022, according to the 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members.
  • Colombia (13%), Peru (8%), Canada (8%) and Venezuela (6% rounded out the top 5, respectively.
  • 1 destination for foreign buyers from Colombia, Canada and other countries, according to the study.
  • Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2023 Knight Frank Wealth Report.

Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6% to $53.3 Billion

Retrieved on: 
Tuesday, August 1, 2023
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The top U.S. destinations for foreign buyers were Florida (23%); California and Texas (12% each); and North Carolina, Arizona and Illinois (4% each).

Key Points: 
  • The top U.S. destinations for foreign buyers were Florida (23%); California and Texas (12% each); and North Carolina, Arizona and Illinois (4% each).
  • Foreign buyers purchased 84,600 properties, down 14.2% from the prior year and the fewest number of homes bought since 2009, when NAR began tracking this data.
  • Mexico ($4.2 billion), India ($3.4 billion) and Colombia ($0.9 billion) rounded out the top five.
  • Non-resident foreign buyers (52%) were more likely to make an all-cash purchase than resident foreign buyers (32%).

Colombia is Once Again Top Country Searching Miami Real Estate

Retrieved on: 
Tuesday, June 27, 2023
NAR, International Transactions in Operational Research, International Studies Charter High School, City, National Association, Real estate, Airline

MIAMI, June 27, 2023 /PRNewswire-PRWeb/ -- Colombia posted the most global web searches for Miami homes in May 2023, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now finished No. 1 or No. 2 among the top list of foreign countries searching Miami real estate in each of the last 15 months.

Key Points: 
  • Argentina purchased the most South Florida real estate among foreign countries in 2022, according to the 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members.
  • Colombia (13%), Peru (8%), Canada (8%) and Venezuela (6% rounded out the top 5, respectively.
  • 1 destination for foreign buyers from Colombia, Canada, Brazil and other countries, according to the study.
  • Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2023 Knight Frank Wealth Report.

China is Top Country Searching Miami Real Estate; Berlin is Top Searching Global City

Retrieved on: 
Tuesday, May 23, 2023
NAR, International Transactions in Operational Research, International Studies Charter High School, City, National Association, Real estate, Airline

MIAMI, May 23, 2023 /PRNewswire-PRWeb/ -- China posted the most global web searches for Miami homes in April 2023, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia, which finished first in March, has now finished No. 1 or No. 2 among the top list of foreign countries searching Miami real estate in each of the last 14 months.

Key Points: 
  • Argentina purchased the most South Florida real estate among foreign countries in 2022, according to the 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members.
  • Colombia (13%), Peru (8%), Canada (8%) and Venezuela (6% rounded out the top 5, respectively.
  • Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2023 Knight Frank Wealth Report.
  • For $1M, homebuyers can purchase 64 square meters of prime property in Miami.

Colombia Regains Status as Top Country Searching Miami Real Estate; Buenos Aires, Argentina Top Searching Global City

Retrieved on: 
Tuesday, April 11, 2023
NAR, International Transactions in Operational Research, International Studies Charter High School, City, National Association, Real estate, Airline

MIAMI, April 11, 2023 /PRNewswire-PRWeb/ -- Colombia posted the most global web searches for Miami homes in March 2023, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia, which was edged by China last month, has now finished No. 1 or No. 2 among the top list of foreign countries searching Miami real estate in each of the last 13 months.

Key Points: 
  • Argentina purchased the most South Florida real estate among foreign countries in 2022, according to the 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members.
  • Argentina buyers purchased 16% of all international purchases in South Florida.
  • Colombia (13%), Peru (8%), Canada (8%) and Venezuela (6% rounded out the top 5, respectively.
  • Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2023 Knight Frank Wealth Report.

China is Top Country Searching Miami Real Estate; Berlin is No. 1 Searching Global City

Retrieved on: 
Tuesday, March 28, 2023
NAR, International Transactions in Operational Research, International Studies Charter High School, City, National Association, Real estate, Airline

MIAMI, March 28, 2023 /PRNewswire-PRWeb/ -- China posted the most global web searches for Miami homes in February 2023, according to a new report by the MIAMI Association of REALTORS® (MIAMI). China edged Colombia, which has now finished No. 1 or No. 2 among the top list of foreign countries searching Miami real estate in each of the last 12 months.

Key Points: 
  • Argentina purchased the most South Florida real estate among foreign countries in 2022, according to the 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members.
  • Colombia (13%), Peru (8%), Canada (8%) and Venezuela (6% rounded out the top 5, respectively.
  • Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2023 Knight Frank Wealth Report.
  • For $1M, homebuyers can purchase 64 square meters of prime property in Miami.

Miami Real Estate Records 6th Best Sales Year Ever; Total Active Listings Rise for First Time Since August 2019

Retrieved on: 
Friday, November 18, 2022
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MIAMI,  Nov. 18, 2022 /PRNewswire-PRWeb/ -- Miami-Dade County real estate has already posted the 6th best total home sales year ever and it has two more months to add to its total with the market projected to end 2022 as the second-biggest sales year ever, according to October 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Key Points: 
  • Miami Distressed Sales Remain Low, Reflecting Healthy Market
    Total Miami distressed sales decreased 28.9% in October 2022, from 45 to 32.
  • Short sales and REOs accounted for 0.4% and 1.1% year-over-year, respectively, of total Miami sales in October 2022.
  • MIAMI REALTORS represents nearly 60,000 total real estate professionals in all aspects of real estate sales, marketing, and brokerage.
  • The 26th annual MIAMI Global Real Estate Congress will be held Nov. 6-8, 2022 at the Biltmore Hotel in Coral Gables.

Texas Remains Third Most Popular State for International Homebuyers

Retrieved on: 
Thursday, October 13, 2022
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AUSTIN, Texas, Oct. 13, 2022 /PRNewswire/ -- International homebuyers purchased 7,888 homes in Texas from April 2021 to March 2022, according to the Texas International Homebuyers Report released today by Texas Realtors.

Key Points: 
  • AUSTIN, Texas, Oct. 13, 2022 /PRNewswire/ -- International homebuyers purchased 7,888 homes in Texas from April 2021 to March 2022, according to the Texas International Homebuyers Report released today by Texas Realtors.
  • Texas accounted for 8% of all homes purchased by international homebuyers out of the 98,600 sold nationwide.
  • "Texas remains one of the most desirable destinations for people looking to purchase a home in the United States," said Russell Berry, chairman of Texas Realtors.
  • The Texas International Homebuyers Report is based on survey data from the 2022 International Transactions in U.S.