International Real Estate Update

Today's Video will delve into international Real Estate trends!

The term international real estate describes a relatively new phenomenon, beginning in the 1980s and keeping pace with globalization. The term encompasses real property development, sales, and leasing transactions across national borders. International real estate could be viewed as one of the most dynamic branches of real estate although it is, by definition, influenced by fluctuating market value in various sectors between countries, as can be evidenced by the 2008 global credit crisis.

International real estate is best subdivided into two categories: international commercial real estate and international residential real estate. Some examples of international real estate transactions are:

a citizen of one country purchases a house in another country
a corporation headquartered in one country purchases or leases an office building in another country
a corporation or investment group in one country builds a hotel in another country

Recent Increase in Chinese Real Estate Investing in the United States:

A major increase in international real estate investing has been taking place between China and the United States. In the U.S., the Chinese are now the largest foreign buyers of homes, accounting for $28.6 billion of sales in the 12 months ended March 2015, according to the National Association of Realtors. There are three major reasons why the Chinese are investing in the US real estate market: investment diversification, overseas education of their child, and immigration.

The Chinese real estate website Juwai.com, part of Juwai IQI, estimates that Chinese real estate holdings abroad totaled $80 billion in 2015 and are expected to balloon to $220 billion by 2020. Chinese investors are interested in commercial projects, residential properties, hotels, golf courses, clubs, land, industrial warehouses, office buildings, and shopping centers. Chinese investors initially were focused mostly on the major gateway cities such as New York City, San Francisco, and Los Angeles but are now moving into other cities as well.

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