{"id":8428,"date":"2015-10-08T13:16:42","date_gmt":"2015-10-08T13:16:42","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=8428"},"modified":"2015-10-08T13:16:42","modified_gmt":"2015-10-08T13:16:42","slug":"chinese-buyers-sink-more-cash-into-u-s","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/chinese-buyers-sink-more-cash-into-u-s\/","title":{"rendered":"Chinese Buyers Sink More Cash Into U.S."},"content":{"rendered":"<h2>Chinese Buyers Sink More Cash Into U.S.<\/h2>\n<div id=\"attachment_8429\" style=\"width: 267px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/10\/ID-10061416.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-8429\" class=\"size-full wp-image-8429\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/10\/ID-10061416.jpg\" alt=\"Chinese Buyers Sink More Cash Into U.S.  Image courtesy of  podpad \/ FreeDigitalPhotos.net\" width=\"267\" height=\"400\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/10\/ID-10061416.jpg 267w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/10\/ID-10061416-200x300.jpg 200w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\" \/><\/a><p id=\"caption-attachment-8429\" class=\"wp-caption-text\">Chinese Buyers Sink More Cash Into U.S. Image courtesy of podpad \/ FreeDigitalPhotos.net<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>Chinese buyers now make up the largest segment of foreign purchasers in the U.S. real estate market, and they predominantly pay in cash.<\/p>\n<p>So far this year, 46 percent of Chinese buyers paid cash, up 229 percent from a decade ago, according to RealtyTrac. That is significantly higher than the 33 percent share of cash buyers overall in the market. That figure is also up 65 percent from a decade ago.<\/p>\n<p>&#8220;Cash buyers across the board are playing a much bigger role in the housing market now than they were 10 years ago, and that is particularly true for Chinese Mandarin-speaking cash buyers, who are more likely to be foreign nationals,&#8221; says RealtyTrac Vice President Daren Blomquist. &#8220;Foreign cash buyers have helped to accelerate U.S. home-price appreciation over the past few years, given that these buyers are often not as constrained by income as local, traditionally financed buyers.&#8221;<\/p>\n<p>Even recent instability in China&#8217;s economy and stock market haven&#8217;t deterred Chinese buyers from investing in U.S. real estate. In fact, it has heightened their interest. With the influx of money from China so high, Long &amp; Foster even recently partnered with Juwai, a China-based real estate listing site.<\/p>\n<p>&#8220;We&#8217;re seeing demand from Chinese buyers with children of all ages \u2014 some as young as 1 year old \u2014 and they&#8217;re relying on our team for insight into the local areas and their educational offerings, from elementary to university level,&#8221; says Pandra Richie, president of Long &amp; Foster&#8217;s corporate real estate services. &#8220;Access to quality education is one of the top priorities for Chinese buyers, and from Philadelphia to Richmond, our market areas offer some of the best school districts and universities.&#8221;<\/p>\n<p><em>Source: \u201cChinese Money Flows Into U.S. Housing,\u201d CNBC (Oct. 6, 2015)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese Buyers Sink More Cash Into U.S. &nbsp; Chinese buyers now make up the largest segment of foreign purchasers in the U.S. real estate market, and they predominantly pay in cash. So far this year, 46 percent of Chinese buyers paid cash, up 229 percent from a decade ago, according to RealtyTrac. That is significantly &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/chinese-buyers-sink-more-cash-into-u-s\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-8428","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chinese Buyers Sink More Cash Into U.S. - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/chinese-buyers-sink-more-cash-into-u-s\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/chinese-buyers-sink-more-cash-into-u-s\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/chinese-buyers-sink-more-cash-into-u-s\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Chinese Buyers Sink More Cash Into U.S.\",\"datePublished\":\"2015-10-08T13:16:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/chinese-buyers-sink-more-cash-into-u-s\\\/\"},\"wordCount\":328,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/chinese-buyers-sink-more-cash-into-u-s\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/ID-10061416.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/chinese-buyers-sink-more-cash-into-u-s\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/chinese-buyers-sink-more-cash-into-u-s\\\/\",\"name\":\"Chinese Buyers Sink More Cash Into U.S. - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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