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Miami Real Estate Courting Chinese Investors

September 25th, 2014 Written By Carol Pawley

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Until recently, Chinese investors lagged far behind the South Americans and Europeans who dominate the most active foreign buyers of Miami real estate rankings, but that may change in the near future.

In  October, the Miami Association of Realtors is co-sponsoring a trade mission from Miami to Shanghai and Beijing. The goal is to spur interest in the fastest-growing group of international buyers in the U.S. Until now, Chinese investors have done more looking than buying in Miami. This year, Chinese buyers represented only 1.6 percent of properties sold in Miami-Dade County, taking 10th place behind Mexico, according to the Miami Association of Realtors.

A quarter of Chinese purchases in the United States have been in the range of $470,000 to $800,000, according to the Soufang Report for Chinese overseas buying. Most of those purchases were not made in Miami.  That may change in 2015.

Great to have you on my site! Seeking to sell or buy property in Coconut Grove, Coral Gables, or anywhere in Miami? I can assist you. Real estate is my area of expertise and Miami-Dade the place I grew up. I know the communities, the schools, the culture, and the business of real estate. I’ve consistently ranked in the top 1% of my field, locally and nationally. I’d love to have the opportunity to introduce myself and discuss your real estate needs. Let’s connect: PH 305-992-6188,EMAIL: carolapawley@gmail.com

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