In an email blast to its users, the largest website for Chinese investors, Juwai, has revealed the top 10 Chinese buyer picks for Q4 2015. It was no real surprise to find that the United States is #1 in terms of searches and property inquiries of investment properties for the users of Juwai. The U.S. was followed by Australia, Canada and New Zealand.
According to Juwai, the most popular U.S. cities attracting Chinese investors were Los Angeles, New York, San Francisco, Seattle and Chicago. So when you’re thinking of selling your luxury home or your multi-unit residential property in Chicago, don’t overlook international exposure.
“I’ve been dealing with international investors into the U.S. since 1984, when I first entered the real estate business. This is nothing new.” said Cliff Perotti, in a training session with his team called The Perotti Group, “Overall, foreign investment in the U.S. accounts for about 11-12% of the sales in our metropolitan areas. It’s why we advertise our listings in over 89 countries worldwide.”