by kramoltz@hotmail.com | Sep 13, 2018 | Home Buying, Home Ownership
Feng shui is a Chinese philosophy that has the goal of achieving an auspicious and harmonious environment. It is important to Chinese-Americans, with 86% of those surveyed saying that feng shui will play a role in a future home-buying decision, and 79% saying they...
by kramoltz@hotmail.com | Sep 20, 2017 | Global Buyers + Foreign Investment
Foreign buying by Chinese has been strong across the United States for several years. In 2016 one reason was due to new capital controls were rolled out in January 2017, along with a new anti-money laundering framework. This accelerated buying before the deadline...
by kramoltz@hotmail.com | Jun 22, 2017 | Global Buyers + Foreign Investment
Foreign students (or their parents) constitute a significant amount of the global buyers of Arizona homes, and over 22,000 are attending higher education institutions here. About 12,800 are attending Arizona State, 5,000 at the University of Arizona, and 1,300 at...
by kramoltz@hotmail.com | May 3, 2017 | Global Buyers + Foreign Investment
Chinese visitors spend more in the U.S. than any other international traveler. The strong Chinese economy and the resulting increase in disposable income is one reason why. The creation of the 10 year visa in 2014 has also been a contributing factor, as it has allowed...
by kramoltz@hotmail.com | Jan 30, 2017 | Global Buyers + Foreign Investment
Over the last 5 years, Chinese nationals have invested over $150 billion into the U.S. housing market, pouring in $28.6 billion in 2015 alone. Supplanting Canadians, Chinese are currently the biggest foreign buyers of American homes. While Chinese buyers purchase...