US Home Purchases by Chinese, Other Foreigners Plunge Below 2012 Level. And the (for me) Chilling “Chinese Reaction” to it from the Largest Chinese Portal for US Homes for Sale
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of Juwei.com The puzzle in the US housing market was this: Mortgage rates have dropped since November, and as expected mortgage applications to buy homes have … Read more