Rise of Foreign Investors in L.A. Real Estate By: Alisha Shih

Rise of Foreign Investors in

L.A. Real Estate

By: Alisha Shih

SummaryLos Angeles has been known to be one of the “Sexy Six”, which represents the top coastal markets for real estate investment in the U.S. Since the crash of the housing market in 2008, the low home prices attracted an enormous number of Asian investors, hailing from cities such as Singapore and Hong Kong, where real-estate prices are extremely high by comparison. According to the National Association of Realtors, residential real estate purchases by foreigners is expected to top $68 billion in 2013. This influx of foreign investors has significantly contributed to the recovery of the U.S. real estate market.

Luxury Homes in L.A. (Photo)• Frank Gehry Beachfront (Malibu)

Luxury Homes in L.A. (Photo)• Bel Air

Luxury Homes in L.A. (Photo)• The Century

Real Estate Listing ResourcesThese two websites are resources used by realtors and investors.• TheMLS

• Trulia

Magazines

Many magazines provide a platform to promote real estate.

News

• Chinese Buying Spree for U.S. Homes http://youtu.be/QIq8PO18Eso

Reality Show

• Rich Kids of Beverly Hills http://youtu.be/JP7NMkDtajI

BibliographySlide 2:  http://www.cnbc.com/id/102125081#. http://americanmonetaryassociation.org/blog/is-foreign-investment-driving-the-recovery/ Slide 3: http://www.luxuryportfolio.com/Property/malibu-properties-frank-gehry-beachfront-masterpiece/LEHV Slide 4: http://www.luxuryportfolio.com/Property/beverly-hills-properties-masterful-mediterranean-villa/GRAQ Slide 5: http://www.luxuryportfolio.com/Property/los-angeles-properties-unparalleled-custom-century-penthouse/RKFQ Slide 6: www.themls.comwww.trulia.com Slide 7: http://www.southbaydigs.com/wp-content/uploads/2014/05/SBDigs_5.9_cover-896x1024.jpghttp://exclusivelaestates.com/wp-content/uploads/sites/6/2011/06/Magazine_large.jpg