When Berkshire Hathaway HomeServices Northwest broker Becco Zou has a new client in town from China with a long shopping list, the Chinese-born agent tells them: “Show me the money.” Usually they go away for awhile — and then they come back. They are worth waiting for — they might want a $3 million home, a commercial investment and a ranch where they can entertain clients.
- A new report on Chinese investment in U.S. real estate predicts a renewed surge of investment after 2020 and steady progress til then.
- Chinese investors put more than $93 billion in residential real estate between 2010 and 2015.
- Chinese buyers are finding a growing number of resources for mortgages in the U.S.
- In 2015, approximately half of Chinese buyers were current residents of the United States.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018