Latin American buyers are dominating the real estate market in Miami and South Florida, with investments approaching $400 million.
A recent report from the Miami Association of REALTORS shows investors from Latin American countries totaled $367 million in real estate transactions between August 2023 and July 2024.
Regionally, Latin America accounted for 29% of all foreign real estate investments across the United States. This share of the real estate market is growing year after year, largely attributed to political and economic instability in South American countries in particular…