a steep price correction<\/a>, as a flood of new inventory\u2014including new construction\u2014has given buyers in the state more negotiating power. According to Miami Realtors, foreign buyers were behind 49 percent of new South Florida construction, pre-construction and condo conversion sales over an 18-month period ending in July 2025. Data was aggregated from 9,115 units in 37 new construction condominium projects in the Miami market area<\/p>\nWhat People Are Saying<\/p>\n
Miami Association of Realtors chairman Eddie Blanco said in the report shared with Newsweek: \u201cAsia continues to be an emerging market for South Florida real estate, with our clean air, ideal weather and growth as a FinTech destination being major attractions.\u201d<\/p>\n
Tim Weisheyer, 2025 Florida Realtors president and broker-owner of Dream Builders Realty and dbrCommercial Real Estate Services, told Newsweek: \u201cOf course, people are attracted to the lifestyle, the natural beauty, and the amazing endless sunshine, but what really sets Florida apart is the opportunity it offers. Buyers from around the world are looking to put down roots in markets that offer both quality of life and long-term value, and Florida delivers on both.\u201d<\/p>\n
What Happens Next<\/p>\n
Last month, President Donald Trump signed an executive order launching the U.S.’ first-ever\u00a0“Gold Card,” a type of investor visa which, for a hefty price of $1 million, grants permanent residency in the States. While the Gold Card may be challenged in the courts and potentially by Congress, Blanco believes this is an initiative that could favor South Florida.<\/p>\n
\u201cThe new $1 million Gold Card that potentially could grant American residency in record time plus a temporary injunction on SB 264 are two factors for the increase in searches from Asia,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"International homebuyers from China and Singapore ranked number one and two, respectively, as the most interested in purchasing…\n","protected":false},"author":2,"featured_media":17461,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[14585,28,30,29,1644,4918,14586,480,807],"class_list":["post-17460","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-china","tag-florida","tag-florida-headlines","tag-florida-news","tag-housing","tag-housing-market","tag-investors","tag-real-estate","tag-south-florida"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/17460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=17460"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/17460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/17461"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=17460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=17460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=17460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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