Chinese cash floods U.S. real estate market

According to The New York Times, Chinese cash purchase dominated the housing  invesment market.

New York Times: Chinese cash floods U.S. real estate marketBy Dionne Searcey and Keith Bradsher
In the United States, the home-buying spree began on the coasts, where Chinese buyers snapped up luxury condos in Manhattan and McMansions in Silicon Valley, pushing up home values in big cities. It is now spreading to the middle of the country, where prices are more modest and have room to run

http://www.nytimes.com/video/technology/personaltech/100000004058538/app-smart-beating-black-friday.html?playlistId=1194811622255

http://www.nytimes.com/2015/11/29/business/international/chinese-cash-floods-us-real-estate-market.html?_r=2

I TOLD YOU SO.. AGAIN..

From less than $600K to $1,399,000  I TOLD YOU SO ;)
Of course, they put in  great design &  finishing touches plus  fences, landscaping and a swimming pool.

Shown this home at least 20 times..
I know it When I see good investment...

 SO HERE IS A GORGOUS PROPERTY. Call me if you would like to preview it.
(951)751-1796

Thumbnails · Album Listing Courtesy: Jeffery Bast,Tarbell Realtors

©CRMLS. Information is believed to be accurate, but shall not be relied upon without verification.

 Accuracy of square footage, lot size and other information is not guaranteed.

This is  the property condition, when it was sold few years ago.

 

Record Highs For the Housing Market in Los Angeles. 2Q 2015.

The Housing Market in Most of Los Angeles is Setting All Kinds of Record Highs
Thursday, July 23, 2015, by Bianca Barragan
http://la.curbed.com/…/record_housing_market_los_angeles.php

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Great opportunity to own a piece of land in Escondido! 200 income producing avocado trees with mountainous views. Electricity and 500 ft. well (15 GPM) on property. Approximately 10,000 gallon storage tank & perk tested for sewer. Property is zoned for one house, but may be possible to build two. Your clients dream home is ready to be built!

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http://www.allisonjamesinc.com/2396-Sleepy-Hill-ESCONDIDO-CA/SW15123221/MRMLS

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