Anya Myer, REALTOR® and local aficionado on buying and selling real estate in the Olympia area
Tuesday, December 16, 2014
Foreign Money Purchasing Strong in the Pacific Northwest
Wealthy Chinese are sinking billions of dollars into Puget Sound
area real estate, and by doing so they're making a clear-cut business case for
protecting the environment and spending money on education. The influx of
foreign buyers, mostly Chinese, was one of the top real estate stories of the
2014. It's not just that many foreign nationals are buying here. Rather, it's
how they're executing transactions, with some paying all cash for pricey
assets.
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