Foreign Investors Pulling Back

Foreign Investors Pulling Back

There is no doubt that the foreign investor has played an out-sized role in the high-end of the housing market over the past few years, but their willingness to keep chasing the market up seems to be waning. In this article, the data seems to suggest that a decrease in buying power as a result of the strengthening US economy combined with higher prices is driving a pullback in foreign investor purchases of US real estate.

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Michael Anderson
Michael Anderson 247 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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