International Buyers in the U.S.
- China owns 1 Million treasuries; encourages investors in U.S.
- BA= 4 % cap for hotels (for 10 years)
- Seattle, Boston, and Chicago-are up and coming hot markets (have universities, and money from Russia coming in!)
- Primary New York market (rebounded fastest in nation, INT'L and Domestic draw).
- Gordon Corcoran, Sunshine Marketing Group.(Euro, Central, South America,)-Super hot.
- Hamptons= Diversity in buyer base,
- Manhattan overview: 2012-12,000 contracts, 2013 over 14,702 contracts.
- Cordez on rise in Manhattan- all cash primarily, low inventory 20% down.
- New York is a Boutique market! (Mega Trends), (Urbanization Trend).
- But, what is the big misconception?????
- Asian buyers are picky and very savvy especially with com.
- Las Vegas is just "the Strip", more dev coming.
- Symphony park, ballpark, W/in 3 hours, Snow, Water ski, outdoor enthusiast's
- BEST! (50% cash), 2nd Vacation home.
- Distressed property isn't over...it is still there ( people want to live in the lime lite ).
- Prices cant go higher....But they will!
- Seattle is not a global city. it really is new Financially.
- Center called Philanthropy.
- Mega Trend- Data & listings. cell/smart phone has access to instant & real times
- Bring value & sophistication to data.
- Los Angeles, CA
- Miami, FL
- Las Vegas, NV
- Orlando, FL
- Ft. Lauder-dale, FL
- Detroit, MI
- Houston, TX
- New York, NY
- Atlanta, GA
- San Francisco, CA
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