S & J Journal

From time to time, we like to peak at our blog's account stats and see who our audience is. The top searchers by country on our site are from: 1) USA 2) Canada 3) Russia 4) Germany 5) Latvia (interesting!) Jeannett

Brazil. As reported by the South Florida Business Journal , Brazil ranked highest for property searches of Miami listings for sale in August 2013.  Brazil was followed by Canada, Argentina, Colombia and Venezuela. Among U.S. cities searching for Miami properties online, the top five were: California - Los Angeles Georgia – Atlanta New York – NYC Texas – Dallas Illinois – Chicago Read the full article.   NOTE: Topping visitors to our real estate blog last month are Canadians and Russians.

Out of the four states where 51% of foreign buyers purchase homes - Florida, California, Texas and Arizona - Florida has the largest share at 26%. This data stems from a study conducted from June 2011 to June 2012. Read the complete report online at Florida Realtors’ website: Profile of International Home Buyers in Florida 2012. Excerpts from the report: • 82% of international sales were cash transactions. • The median price paid by international buyers was $194,700 compared to an overall Florida median price of $125,100 and a U.S. median price of $167,758. • Canadian buyers tended to buy in the lower price range; European and Latin American buyers bought at a higher price range. • Condos account for 45% of properties, townhouses 10% and detached single-family homes 36% .

Florida Realtors reported yesterday that Trulia performed an assessment of the number of foreign buyers that accessed their website to search for a home in the U.S. and it seems foreigners are dropping off as home prices rebound. However, international investors remain interested in U.S. real estate primarily in Florida. Trulia listed the top 10 cities searched by foreign buyers through its website, and six are in Florida: 1. Miami (15.7% of the Miami searches done through Trulia were by foreigners) 2. Los Angeles 3. Fort Lauderdale 4. Lakeland-Winter Haven 5. Orlando 6. West Palm Beach 7. Cape Coral-Fort Myers 8. Honolulu 9. San Francisco 10. Las Vegas Home searches by foreigners on Trulia are regularly from Canada, the United Kingdom, Germany and Australia. On this real estate blog, Jeannett’s Journal , foreign readers are mainly from Russia, Slovenia, Canada and Germany, and make up 5% of our total blog visitors. At Slesnick & Jochem, we specialize in propert...