NAR Releases 2015 Profile of Home Buying Activity of International Clients 06/30/15 Foreign investment in U.S. real estate hit a record high, according to the newly released Profile of Home Buying Activity of International Clients. International clients purchased $104 billion in U.S. residential real estate last year, with Chinese clients leading the way for the first time ever. They continue to spend more money and pay in cash more often.
In the report, you'll also find data on countries of origin, state preferences, prices and financing, intended use and property types, and reasons for purchasing. Read the full report.
Real-Estate Revolution Hits Cuba 04/03/15 Listed at $1.2 million, the penthouse has broad terraces, marble floors and stunning waterfront views stretching from the Darth Vader-style Russian Embassy to Meyer Lansky's old Riviera Hotel.
The questions Chinese real estate buyers ask 04/03/15 With rising numbers of Chinese buyers looking to buy real estate in the Unites States, an experienced agent has revealed the top questions they ask. Some wealthy investors buy a house in California and an investment property in New York, says Frank Liu, of the Silicon Valley Results Team, from the Bay Area, in Silicon Valley, California.
Latinos Taking Over South Florida? Real Estate Buyers 68% Latin 03/30/15 Things are looking up in the southern portion of the Sunshine State. And, we're not just talking about the influx of sun worshippers into South Beach, or the swarming of night owls who are out to take over the vibrant party scene in the area after the sun goes down. South Florida is also thriving when it comes to its real estate sector.
American Real Estate Buyers Take Advantage of the Falling Euro 03/05/15 Lisa Suydam went into contract on a Paris pied-à-terre in November, but the deal still hasn’t closed, because the seller needs more time. Ms. Suydam couldn’t be happier. “Every point that the Euro drops, I’m saving money. Not closing has saved me lot,” said the 62-year-old retired international flight attendant.
Seattle-area real estate leaders turn attention to investors from India 03/02/15 For years, real estate companies have targeted Chinese buyers, hiring Mandarin speakers for their Seattle-area offices and hosting events for Chinese investors. Now, these same companies see another group that is increasingly interested in the region’s real estate- investors and buyers from India. A Seattle real estate company capitalized on this by hosting an event Sunday and Monday with real estate executives from India.
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