Coldwell Banker Sky Ridge Realty
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.7995
In a recent AP article, it was documented that current market conditions in both the United States and China are contributing to a growing number of Chinese investing in U.S. real estate.
The Chinese are looking at taking advantage of the slumping real estate market knowing that near term, there will be a real estate recovery and prices will rise. The Chinese ultra rich have been buying property in the United States for years.... rising income levels in China and the great values in U. S. real estate are leading to a growing number of transactions involving Chinese buyers.
A major objective for Coldwell Banker Sky Ridge Realty this selling season will be to develop relationships with agents tied in with the Chinese market and expose the lifestyle and values to them and their buyers. Several multi million dollar transactions last summer were Chinese buyers looking to take advantage of what Lake Arrowhead has to offer.
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