Real Estate Sales to International Clients

An interesting statistic published by The Wall Street Journal — estimated real estate sales to international clients. Clients from China have been leading the packs for buying up properties in the U.S.

Data Source: National Association of Realtors

We have been seeing the $$$ coming to the Cary Raleigh area as well. Case in point, a potential buyer is recently looking at a cash buy for a 7000+ square foot home in the Cary Raleigh area.

Will this trend continue as the Chinese economy is transitioning? We are keeping at an eye on the trend.