Chinese Are Dominating The International Real Estate Market Without Even Leaving China

KONG (Reuters) – For some Chinese investors, the first step to purchasing millions of dollars in property on the other side of the globe is a lot like ordering a new t-shirt online – search and click. Social media is the catalyst, connecting Chinese buyers and overseas agents. At least one prospective buyer entrusted an [...]

Asian buyers scoop up ‘bargain’ million-dollar Bay Area homes

The continuing influx of well-heeled homebuyers from Asia has Bay Area real estate firms competing for a lucrative and growing slice of the region’s residential market. “It has gotten big enough to where people are starting to pay attention to it,” said James Yang, an agent with the Sereno Group in Palo Alto. “If you [...]

European properties eyeing for Chinese buyers

Countries hope to lure Chinese home buyers with visa policies While much of China is feeling the pressure of soaring home prices, the relatively cheaper homes in some European countries that grant temporary or permanent residents visas seem to provide a shortcut to relief for many Chinese. “I’ve been following the European immigration policies for [...]

Chinese Buyers are Keen on Property Investment in the US

According to a report by the U.S. National Association of Realtors (NAR) recently, Chinese investors now make up the second-largest group of foreign buyers of homes in the US, accounting for $9 billion of sales in 2011. According to a report in Financial Times, with a “huge” influx of wealthy mainland Chinese looking towards purchasing [...]

Chinese 2nd Biggest Buyer of US Property, Spend $ 9 Billion a Year

Chinese buyers with the investment amounting to $9 billion, have become the second largest group of foreign buyers in the US real estate market after the Canadians, Financial Times reported, citing a research report by the US National Association of Realtors. The report shows from Mar. 2011 to Mar. 2012, foreigners invested a total amount [...]