Latin Americans are certainly becoming even more neighborly in the Miami area, as well as many cities throughout South Florida.
Earlier this summer, the MIAMI Association of Realtors reported that Latin Americans are still the leading buyers of new construction in Miami, indicating they accounted for 86% of international buyers who purchased new properties in South Florida during an 18-month span ending in June, and a whopping 99% moved into new properties in Downtown Miami.
Experts point to global uncertainty and political turmoil in other countries, while the allure of new properties comes with amenities like pools, gyms and dog parks, and with less maintenance issues, given the implementation of new building safety regulations, inspections and preventive upkeep that require higher fees…