Foreign Buyers

“They’re entering the big leagues,” said Elliman agent Dina Goldentayer

Deal volume fell from $6.8B spent in 2022

Spending dropped 10%, existing home sales hit record low

The partnership increases the firms’ reach in the U.S. and abroad

It shows that most, if not all, of the tri-county region would be off-limits to them

Chinese foreign nationals would be banned from buying real estate in the state

Collins of Two Roads talked about rising cost of debt, insurance affecting deals

US property now more expensive for overseas buyers, but sellers reap big profits

The Lone Star State was the most attractive destination among Mexican buyers and the second-highest among Colombian buyers

Agents report increased foreign demand for South Florida condos as uncertainty lingers over Latin American country

Miami and New York agents expect deluge of deals from abroad

$146M of mid-market deals included celeb resi building, storage REIT, design firm

Others are set for a slow in 2020

Brokers in Australia, North America, and Hong Kong’s Asian neighbors are seeing more interest from Hongkongers

Overall Asian investment in Vancouver fell by over 60% last year

In London, for example, interest in properties outside the city's core has surged among private investors, according to brokerage Knight Frank

Efforts to restrict lending in China added to the borrowing costs of Chinese companies and provided foreign buyers of commercial properties with a financial advantage