Are Chinese buyers coming back into the market?
Several months ago, when China was in a lock down, our enquiries spiked quite significantly. As mentioned previously, there are a few reasons for this.
Tips on how to deal with a slowing housing market
People are still buying houses and they always will. However, the hot housing marketwe experienced coming out of the pandemic, has cooled in most markets. For the remainder of the year agents will need to deal with strong competition and work hard to get the job done. Here are some tips for profitably ending the year.
- Nov 10, 2022 11:26:32 PM |
- Shanna Mawer
Here’s what buyers and agents expect in real estate in 2022
Is the seller’s market changing? Are agents keeping pace with the industry? Let's look at what both agents and buyers are saying about the international real estate market, its trends, and the buying process for the remainder of 2022.
- Jul 19, 2022 5:26:51 PM |
- Shanna Mawer
Why invest more in marketing during times of crisis?
The conflict in Ukraine has caused real estate markets across the globe to endure rising mortgage rates, increased inflation, high housing prices, low inventory and stock market volatility; creating both fear of economic turmoil but, also creating an impetus for buyers to find opportunities sooner rather than later. Read more about why you should invest MORE in marketing during times of crisis.
- Apr 21, 2022 7:11:36 PM |
- Shanna Mawer
Real Estate Buyer Trends in Switzerland, 2021
The effects of the pandemic have radically changed consumer behaviors and buying|selling trends in real estate markets. In this article, we highlight leads activity for property in Switzerland in 2021, presenting the latest trends in property searches based on our Leads database, results from Properstar survey questionnaires and validation by cross-referencing trusted sources.
- Jan 31, 2022 3:43:32 PM |
- Properstar Marketing
New feature: Marketing resources to help you succeed
Your brand new Properstar marketing kit is personalized with your photo and logo.
Properstar has just launched a new tool, the Marketing Kit is available through the Resources tab in your Properstar dashboard. Our goal with the new Marketing Kit is to help you win more listings and make more sales by providing you with a tool that helps you better explain your global marketing strategy to your clients.
- Jul 6, 2021 6:04:00 PM |
- Properstar Marketing
Foreign buyer survey results
Learn how foreign buyers search for international real estate.
The habits and preferences of foreign real estate home-buyers are of interest to our Global Agents, so in July, we surveyed over 700 buyers who used Properstar portals to find out more. In this article, we will look at the buyer cycle for global real estate, from its origin to what really matters in online property searches.
- Jul 1, 2021 5:50:00 PM |
- Shanna Mawer
Regulations for foreign property buyers in the United States
The United States is the world’s largest economy. For this reason, investing in real estate can be very profitable.
- Dec 8, 2020 2:07:28 PM |
- Properstar Marketing
Summer is not over yet! Keep Selling to Foreigners
Summer is Not Over Yet
If you are one of those who prepared in advance, then it is time to reap the benefits! And sorry, not the 'spreading your towel on the sand and enjoying the sun' type of perks, but work related ones!
- Aug 31, 2020 7:35:05 PM |
- Properstar Marketing
How to Successfully Connect with the Expatriate Market this Summer
Expatriates in the Real Estate Market
There are many reasons a person might leave his country: work, studies or even the prospect of a better life. The fact is that with global mobility, many people and companies are exploring the option to work and/or live abroad. Global connectivity reinforces the perception that it is possible to manage your life and career regardless of your location in the world, thanks to modern technology and the recent pandemic which has shifted the definition of working remotely.
- Jul 16, 2020 6:40:39 PM |
- Properstar Marketing
Trends That Keep the Real Estate Market Going In & After the Pandemic
There is no doubt that the pandemic continues to affect our way of living. We can also be sure that after the economy reopens, we won’t be as eager to meet with a customer in a face-to-face scenario and we can forget about handshakes and other friendly greetings.
- May 12, 2020 4:47:54 PM |
- Properstar Marketing
International Real Estate Activities During Coronavirus Crisis
International real estate activities during coronavirus crisis
The continual spread of coronavirus has caused a huge global economic impact across all industries. As every nation, and every individual is working their best to contain this spread and protect the economy, we would like to do our part to share some insights of the international real estate market to help agents’ weather through this crisis.
- Mar 6, 2020 12:25:33 PM |
- Properstar Marketing
Renting vs Buying: What is the Best Investment Option for Your Foreign Buyers?
One of the common goals foreign investors have is acquiring a house. Of course, a home is an essential commodity that we should have. This is why this kind of investments play an important role for this kind of investors.
- Jan 8, 2020 6:56:09 AM |
- Properstar Marketing
Top 3 trends of International real estate during 2019
We started the year with good news. The 28% growth on foreign buyers during 2018, was shaking, in a positive way, the markets and making us believe that 2019 was going to be a great year!
- Dec 9, 2019 9:46:20 PM |
- Properstar Marketing
The different ways foreigners can own property in Thailand
As tourism grows every year, Thailand, especially Phuket, becomes a more popular location for property investment.
- Jul 11, 2019 11:32:57 AM |
- Properstar Marketing
Why foreign buyers invest in the U.S. residential real estate?
Despite the political reality in the U.S., foreign buyers are still looking to buy properties. In fact, from April 2017 to March 2018, foreign buyers purchased $121.0 billion of residential property in the U.S.
- Jun 12, 2019 4:55:15 PM |
- Properstar Marketing
25% of foreign investment in U.S. residential real estate was made by Chinese
In 2018, Chinese accounted for roughly 25% of foreign investment in the U.S. Residential real estate. In fact, Chinese investors have been the biggest buyers of U.S. residential properties for six consecutive years. But what will be the consequence of this trade tension between the U.S. and China, in the real estate sector?
- May 28, 2019 6:21:27 PM |
- Properstar Marketing
Florida gathered 21% of all foreign consumer interest in the U.S. during 2018
In 2018 ListGlobally recorded a near 28% increase in the number of foreign consumer leads expressing their interest in international properties. It is no surprise that the U.S. is among the top countries for foreign property buyers to buy property.
- May 8, 2019 1:53:04 PM |
- Properstar Marketing
Foreign Buyers in Dubai : An interview with LuxHabitat
At ListGlobally we believe that rather than only looking at statistics, we need to dive deeper and also have our customers feedback. This is why we had an interview with Joseba Umbelina from LuxHabitat in Dubai to understand how foreign buyers are trending in that region.
- Apr 12, 2019 1:07:49 PM |
- Properstar Marketing
What do Spain's key Foreign Buyers look for in a property?
Article also available in the following language: ES
- Mar 20, 2019 5:05:56 PM |
- Properstar Marketing
Top 5 real estate marketing trends for 2019
- Feb 26, 2019 12:31:33 PM |
- Properstar Marketing
Egypt: a growing opportunity for foreign buyers
$12.4 billion deal that boosted Egypt's economy
The improvement in Egypt’s macroeconomy follows the government reforms which were part of a $12.4 billion deal with the International Monetary Fund (IMF) in November 2016. The Egyptian economy has since made some remarkable progress in the last three years with a significant increase in foreign direct investment. In fact, the IMF recently commended the strict programme which has seen Egypt’s economy growth amongst the highest in the Middle East.
Reform plans, which included subsidies cuts and currency flotation, have helped stabilise the economy but have also caused a substantial strain on consumer purchase power. Nonetheless, the real estate market has remained buoyant and successfully managed to adapt to changes in demand and supply.
Cairo Property Cycle Source: JLL Report in Cairo
Egypt is an interesting market for foreigners
According to the Central Bank of Egypt, the GDP growth is expected to reach 5.4% in 2019, and similar growth rates are anticipated until 2021.
Egypt’s GDP growth 2018 Source: Tradingeconomics.com and Central Bank of Egypt
On the other hand, during 2019, inflation is expected to drop to lower levels as the impact of subsidies cuts diminishes. If the Central Bank of Egypt decides to lower interest rates in 2019, this could well lead to an increased interest in real estate investment, not only from Egyptians but also from foreigners.
New homes at competitive prices
The majority of demand for residential units was in the form of new off- plan property sales which caused activity in the secondary market to remain at a standstill as sales and asking prices reduced. This change is attributed to new developments offering new homes at competitive prices and with extended payment plans of up to 10 years.
Amongst the different residential unit types, villas particularly in New Cairo were the most sought after. These appreciated by up to 16% throughout the year. In some areas like the 6th of October City experienced an increase of 17% and 14% in apartment and villa rentals respectively. This is largely because home owners await the completion of their off-plan property.
Cairo Office Rents 2018 Source: JLL Report in Cairo
The entry of new multinational firms into the market
The office sector saw continued growth with the relocation of local businesses and the entry of new multinational firms into the market. Business offices associated with gated residential developments in New Cairo were the most attractive to investors. Due to this reason rental rates have increased by more than 10% over 2018.
New projects that help to attract foreign buyers
In Cairo approximately 18,000 residential units were added to the market in 2018, which is the highest figure seen for several years. During 2019, the same figures are expected as more developments are likely to be completed in time for 2020.
More opportunities are coming to fruition with plans to create 20 new smart cities across Egypt. Some of these new cities around Cairo include the addition of 78,000 acres in New 6th of October, 32,000 acres in Sphinx City and 6,000 acres in New Mansoura City.
Amongst those cities we find the New Administrative Capital and New Alamein City (see the video below).
Several new developments offering world-class facilities are planned that will not only cater to local demand but also attract overseas property investors.
- Feb 13, 2019 11:11:00 AM |
- Properstar Marketing
Foreign Buyers: A growing trend in 2018
Interest from foreign property buyers continues to grow for properties around the world. ListGlobally has recorded increases in 2018 over 2017’s numbers from consumer interest globally. ListGlobally track consumer interest through our consumer’s online searches for properties and inquiries that are submitted by consumers through the ListGlobally portal network.The most significant increases in foreign consumer interest in 2018 was for properties in the following countries, Portugal, Spain and France.
- Jan 31, 2019 10:49:20 AM |
- Properstar Marketing
Real estate trends in Europe for 2019
Welcome to 2019!
- Dec 20, 2018 4:24:43 PM |
- Properstar Marketing
Who comes out on top in the battle of the property portals?
Who comes out on top in the battle of the property portals?
- Nov 17, 2018 6:09:14 PM |
- Properstar Marketing
Chinese buyers spend $30 BILLION annually on residential properties in the USA
Chinese buyers are the big spenders in the USA
According to the National Association of Realtors,Foreign buyers are spending over $121 BILLION annually on residential properties in the USA. Of those foreign buyers, Chinese are at the top of the chain, spending $30,4 billion every year.
- Nov 9, 2018 1:10:44 PM |
- Properstar Marketing
Blablabla always Lisbon… what about Porto ?
Who buys there and where are the hotspots ?
We know that Portugal is in the spotlight when it comes to tourism and last year they earned a lot of prizes: Best European destination; Europe’s Leading Cruise Port; the Eurovision Song Contest; and they were Champions of the Euro 2017!
- Sep 4, 2018 9:38:54 AM |
- Properstar Marketing
Why marketing your properties globally matters
Marketing your properties globally is vital in a world where there are no boundaries and barriers for international transactions. The number of international buyers is increasing everyday and according to ListGlobally study, real estate agents consider foreign buyers as highly important for their business development (83%) and 86% of the interviewed agents claims to work regularly with foreign buyers. In fact 43% say that the last time an international buyer inquired to one of their property listings, or attended one their open houses was in the last 7 days.
- Sep 1, 2018 6:50:31 PM |
- Properstar Marketing
What your customers need to know to buy a property abroad?
Buying a property abroad is not something easy. There is the search process, there is the “falling in love” season to be considered, and then there is the final decision. Some foreign buyers will be seduced by the property itself and many others are going to pay attention to all the small details and do a complete market study before buying.
- Jun 11, 2018 2:56:51 PM |
- Properstar Marketing
What kind of properties are International buyers buying in U.S.A
Let’s find out what properties are catching the eyes of foreign buyers.
Last year was a banner year for international property buyers looking to invest in overseas homes and condominiums. The United States, was one of the countries that really benefited from this global property consumer interest with a total of $153 billion sales (residential property) between April 2016 and March 2017.
With the onset of foreign buyer property taxes that were put in place in Canada and the limitations on international investment in Australia, the consumer eyes are on the United States. Their growing economy and strong property markets are seductive for this foreign buyers.
These consumers want to buy in places like California, Florida and New York but who can judge them? There is nothing like the sun, flip flops and shopping in the big apple! Don’t you agree?
But what are they searching for?
They are searching to buy mainly Single Family Property and Multi-Family Property:
And the reason they are doing this is connected to the fact that they are looking to buy a primary residence. However we should also note that international buyers are searching for good investments, to buy a house for their kids while they are studying in the U.S.A. and they also considered that this country is a great option to have a vacation home.
According to ListGlobally data (from 2018) these consumers are mainly looking to buy:
1- Houses
2- Flat
3- Land
4- Residential buildings
5- Bungalows
6- Commercial properties
Regarding New York it it important to mention that besides apartments, our clients also purchase commercial mixed use and multifamily buildings.
Apartments are more popular because they are easier to manage and simple to understand.
Want to know more?
- May 31, 2018 4:16:52 PM |
- Properstar Marketing
