Chinese home buyers account for 27.3 Billion

Real Estate

According to the National Association of Realtors Chinese buyers make up the largest foreign buyer population spending over 27 billion dollars in the US housing market. Our hot Seattle market and increased values, not to mention our beautiful state have driven them here since 2009. Some buyers buy sight unseen, others come for a quick trip to make their investment. We haven't seen too many Chinese buyers here in Mukilteo, WA but that could soon change as prices drive investors North. Any way you look at it, it's good news for homeowners and their growing equity!