Venezuela
Real Estate News

Foreign Buyers Continued to Drive South Florida Property Market in 2015

Foreign Buyers Continued to Drive South Florida Property Market in 2015

Foreign real estate buyers continue to strengthen the Miami and South Florida real estate market, accounting for 36 percent or $6.1 billion of total sales volume. Read More »


International Buyers Now Spending More Money on Fewer Homes in U.S.

International Buyers Now Spending More Money on Fewer Homes in U.S.

While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent. Read More »

Declining Oil Prices Impacting Global Real Estate Markets

Declining Oil Prices Impacting Global Real Estate Markets

Global real estate markets are most vulnerable in economies with not just a greater dependency on oil but also in those with a high cost of oil production. Read More »

Declining Oil Prices Impact Houston Office, Retail Sectors

Declining Oil Prices Impact Houston Office, Retail Sectors

According to a new report from CBRE Research, lower oil prices will have effects across the Houston commercial real estate market, but fears of broad-based decline are overblown. Read More »


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Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated January 25, 2016 1:03 PM ET

Venezuela Property News

Favorable exchange rates, affordable home prices and rising affluence abroad drive international buyers to the U.S.

Commercial property markets in Caracas, Venezuela continue to be dealing with the headwinds of political and economic uncertainty.

As fans of the series "Homeland" already know, the tense CIA thriller took a surreal turn this week, when Marine/Terrorist/Ex-Congressman Nicholas Brody suddenly appears in a bleak, urban landscape in the middle of Caracas, Venezuela.

Asking rents for offices in Caracas, Venezuela have skyrocketed, increasing 80 percent during the first half of the year

With the death of Venezuelan president Hugo Chavez, the Miami property market may lose some of its most prolific buyers. Venezuelans accounted for 16 percent of the international purchases in Miami in 2012, the largest group of foreign buyers in the city, according to the Florida Association of Realtors' annual international home buyer study.

Who is helping the U.S. for-sale housing market recover these days? A good many Americans, of course. But to get a more balanced picture, look outside the U.S. Foreign nationals accounted for $82.5 billion, or 8.9%, of the $928 billion spent on U.S. residential real estate from April 2011 through March 2012, according a June survey from the National Association of Realtors.

The re-election of Hugo Chavez could trigger a new wave of Venezuelan investors into South Florida

(LONDON, ENGLAND) -- The hottest turf in the world today for commercial real estate investment is in Latin America. The coolest sites are in the U.S., Mexico and Canada. That's the fourth quarter 2009 assessment from the Royal Institution of Chartered Surveyors in London.

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