Foreign Money In LA’s Market

June 1, 2015

We know that the high end real estate market in los angeles (both residential and commercial) has grown since the end of the recession. It has been partly due to real estate investors snatching up properties in all-cash deals and partly because of the wealthy from non-US countries such as China, England, Saudi Arabia, etc, sinking tons of money into the LA area. Non-Americans like to buy houses in LA (Beverly Hills, Bel Air, and other expensive neighborhoods) and like to invest in development (such as South Park for the Chinese). We also know that investing enough money in LA development can mean a green card for many non-citizens.

Ever wonder about how much money is coming into Los Angeles’s real estate market from foreign countries? About $2.55 billion! Reports took a look over various real estate trends in 12 major world cities and Los Angeles ranks fifth in the world for “cross border” investments (After London, Paris, New York and Tokyo). In 2014, there was $23.16 billion invested in deals over $10 million- which translates to very expensive houses and real estate development— and 11 percent of that money came from people outside the US. Overall, US cities tend to have a lot more domestic investment than other world cities.

Foreign Money

Foreign Money in LA’s Real Estate Market

Working with a listing, it is beneficial to know that your home will get the maximum amount of exposure for your property. If you knew that your property would be exposed to local buyers and not only that, after reading this summary about outside/foreign investors, wouldn’t you want your home exposed to those people as well? Ivan Estrada Properties is a part of Proxio. What is Proxio? A global network that helps you take advantage of marketing the internet to non-US investors or potential buyers. Listings can be posted in any language. This network helps take your listing to the next level, and gets easy exposure and visibility to consumers worldwide!

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