An increasing number of foreign investors are becoming a key factor in driving the US real estate market forward. They are attracted by the low real estate prices and the opportunity of gaining residency in the US.
The recovery that the US real estate market is currently experienc...
Inundated with cash, Chinese homebuyers are overwhelming the U.S. housing market. “The Chinese came out really huge in the past year,” said Jonathan Miller of Miller Samuel, a New York-based appraisal company.
Based on data published by the National Association of Real...
Asian property buyers are interested in Washington DC real estate
In 2006 the overall U.S. real estate market declined to an all time low. Since then, Asian investors have constantly increased their purchase of U.S. property. These Asian buyers consider the U.S. real estate m...
Mr. Chen has been living in South Pasadena, California for many years. He always has been renting a 2 bedroom house. However, recently Mr. Chen was forced to move because his landlord sold the house for 525,000 dollars (short sale). Friends from China asked him why he moved – a questi...
The Chinese are now the second-largest foreign investors in U.S. real estate after Canadians, spending $9 billion from March 2011 to March 2012.
Chinese citizens are looking overseas for better investment properties and the US is a preferred destination. This is driven by th...
For decades, China has influenced Houston’s economy through investments across multiple business sectors, cultural and scientific exchanges — and even basketball games.
Chinese immigrants have helped mold areas of the city into their present form, driving commerce and perman...
Based on statistics published by the National Association of Realtors (NAR), Chinese buyers spent $12.3 billion on US real estate over the 12 months ending March 31 2013. This is 18% of all the money foreigners spent in real estate purchases in the USA.
When Alice Zhang of California no...
Rose Manalo only received her Nevada real estate license in 2010 but she soon met a Canadian couple hoping to buy an investment property. She successfully closed the deal.
Manalo was among the many real estate agents who attended the global real estate workshop co-hosted by the Greater...
Based on a report published by CB Richard Ellis, a large global real estate firm, rich Chinese will spend billions on US real estate over the coming years. It is clear that the United States is the country of choice for China buyers. Canada and Australia come in at No. 2 and No. 3 respectively.>>Read More
Based on a report by China Merchants Bank and the consulting firm Bain & Co., China's richest citizens are investing more and more in U.S. real estate in order to preserve their wealth.
Attitudes of Chinese investors are being influenced by "the political environment and possible ch...
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