The Cherry Group's International Clients keeping Business Humming

Coconut Grove Realtors The Cherry Group, sees its business soar through international buyers who have spent $82 billion on new homes so far this year - up from $66 Billion. One third of that business comes to us in Florida. The top countries represented here and their percent volume are Venezuela -28%, Canada - 10%, Columbia - 6%, France - 6%, Mexico - 5% and all other countries making up 27%. Nationally, Canada is first in home purchases. A big change is China taking over Mexico as number 2. Russia, now in 10th. place is coming on strong. Foreign buyers have trimmed our condo glut, where prices are going up. Look for more action now on the single family home front. Please remember to call us for expert real estate advice for Coconut Grove and elsewhere throughout the country.