Mexicans Boost Residential Market in Miami
Mexican investors are set to become the third-largest group of foreign property buyers in the U.S. by 2025, with significant investments in Miami's dynamic residential market.
According to data analyzed by Falcone Group, Mexican investors will rank as the third-largest group of foreign real estate buyers in the United States by 2025. California accounted for nearly 17 percent of the transactions made by Mexican groups last year, followed by states like Arizona, Michigan, Alabama, and Arkansas. However, Florida remains one of the most dynamic markets, especially in cities such as Miami and Orlando, where the investment appeal continues to rise despite the challenges presented by high mortgage rates.
Between April 2024 and March 2025, Mexican investments in U.S. residential properties are projected to exceed $4.4 billion, demonstrating a robust interest from foreign buyers. The current profile of the Mexican investor has evolved; they are now seen as more sophisticated, possessing a global vision and clear strategy. Their objectives have expanded beyond simply purchasing property to include wealth protection, income generation, and active participation in established markets like the U.S.
Carina Bendeck, an industry expert, emphasizes this shift in the Mexican investor's mindset, noting their strategic approach and the breadth of their investment objectives. As Mexico continues to show a growing presence in the U.S. real estate market, particularly in strategic locations such as Miami, the implications for both economies are profound, impacting housing prices and investment strategies on both sides.