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Thursday, July 14, 2016

Chinese Buyers - Cheaper Houses

Chinese Home Buyer Update

Foreign buyers flood US real estate, but buy cheaper homes - CNBC

Median price per the article was $522,084 with a dollar volume of $27.3 Billion Dollars in the 12 months between April 2015 to March 2016. My guess is some areas just became too pricey, but the impact of devaluation.

Around Rowland Heights I am not seeing the huge amount of houses selling I was, the market seems to have died down a bit.

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