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Seattle: Is it Vancouver Déjà Vu?

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The popular West Coast cities of San Francisco, Los Angeles and Vancouver have long been the most direct routes to New World prosperity for Asian immigrants and their families. Now that generations of Chinese buyers have transitioned to life in North America, their experience and trend spotting is bringing to bear more practical considerations of economic fundamentals, financial and educational opportunities, and overall quality of life. So it’s no surprise that relative affordability, propensity for capital appreciation and even a recently imposed 15-percent foreign homebuyer tax in Vancouver, are boosting interest in alternative markets like Seattle—the next international gateway city on the rise.
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Posted in: Foreign Investment Tagged: Asia, Chinese, Foreign Homebuyer Tax, Foreign Investment, Homebuyers, Immigration, Los Angeles, North America, realogics sotheby's international realty, San Francisco, seattle, Vancouver

The Chinese Markets are in Turmoil, so What Does this Really Mean for Puget Sound Real Estate?

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On August 29th, King 5 News reporter Ted Land interviewed Dean Jones, President & CEO of Realogics Sotheby’s International Realty, to get his views on the Chinese stock market correction and whether that signals the end of overseas investment in the Seattle/Bellevue metro area.

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Posted in: Buildings, Downtown, Financial, Foreign Investment Tagged: Business Insider, Chinese, Chinese Markets, dean jones, Foreign Investment, King 5, realogics sotheby's international realty, Sotheby's International Realty, Stock Market, Washington State China Relations Council

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