Articles Recently Tagged: Foreign Buyers

(6 posts)

All-Cash Buyers of Luxury Homes in San Francisco to Be Identified

Concerned that secretive purchases of luxury real estate are being used to hide ill-gotten gains, the federal government launched a test program earlier this year to discover the true identities of all-cash buyers for high-end properties hidden behind an L.L.C. or other shell entity in Manhattan and Miami-Date County,... Read More »

The Money Behind That Eye-Popping $13M Sale in Pacific Heights

The Money Behind That Eye-Popping $13M Sale in Pacific Heights

It’s true. The eye-popping sale of 2755 Fillmore Street for $13.25 million last week involved a Chinese couple. But Mr. and Mrs. Li were the sellers exiting the market, not the buyer moving in. And the buyer, who isn’t Chinese nor a foreign national, appears to be moving from... Read More »

Government Moves to Identify Hidden Buyers of Luxury Homes

Concerned that secretive purchases of luxury real estate are being used to hide ill-gotten gains, the federal government will require title companies to discover and report the true identities of all-cash buyers of high-end properties hidden behind an L.L.C. or other shell entity in Manhattan and Miami-Date County from... Read More »

Commercial Investment In Bay Area Real Estate Slipped In Q3

Commercial Investment In Bay Area Real Estate Slipped In Q3

$6.49 billion of Bay Area commercial real estate, defined as properties valued at over $5 million apiece, traded hands in the third quarter of 2015, down 5.7 percent from $6.88 billion in the third quarter of 2014 and a 20-ish percent drop in dollar volume from the second quarter... Read More »

International Buyer Trends And Interest In San Francisco

International Buyer Trends And Interest In San Francisco

The total sales volume of U.S. real estate to international buyers increased to $92.2 billion over the past year, up an estimated 35 percent and representing roughly 7 percent of the total existing home sales market.  Florida remains the destination of choice, claiming a 23 percent share of all... Read More »

SF Sellers Are Moving Out, And Behind A Couple Of Buyer Myths

A couple of stats from a survey of Paragon Real Estate Group agents with respect to their last 12 months of activity in San Francisco: 60 percent of the sellers represented by Paragon are relocating outside of San Francisco. The main reasons for their moves: 1. schools (and other... Read More »