Southern California builders’ fixation on serving the luxury market — heavy with Chinese buyers — is now a drag on the industry. The year for local homebuilders started in the shadow of 2018 when construction slowed and unsold inventory grew to a near-seven-year high. Industry woes can’t be tied to common complaints such as regulatory […]
CVAR At A Glance January 18
January 18, 2016 Leave a Comment (Edit) Featured Classes and Events January 18 | Our Offices Will Be Closed in Honor of the Martin Luther King Jr. Holiday. January 22 | Learn about Social Security Secrets January 25 | Mastering Your Brand Story January 26 | FREE! Lunch & Learn – Setting 2016 Goals February […]
U.S. Real Estate to Draw More Foreigners in 2016
by Hui-Yong Yu Most foreign investors expect to put more money into U.S. property this year than they did in 2015, with New York remaining the top target market worldwide, according to a survey by the Association of Foreign Investors in Real Estate. Sixty-four percent of respondents said they intend to make modest or major […]
U.S. Will Track Secret Buyers of Luxury Real Estate
By LOUISE STORY JAN. 13, 2016 Concerned about illicit money flowing into luxury real estate, the Treasury Department said Wednesday that it would begin identifying and tracking secret buyers of high-end properties. The initiative will start in two of the nation’s major destinations for global wealth: Manhattan and Miami-Dade County. It will shine a light […]