Foreign Buyers & Sellers

Mar 29th	Are Foreign Nationals Still Buying Santa Barbara CA Real Estate?
2010	Categories: Foreign Buyers & Sellers

With both the combination of declining real estate values over the last few years in the US and the rise of the Euro (and most all currencies) against the US Dollar, real estate in California beach communities was ripe with foreign buyers.  High end communities such as Santa Barbara CA with its' quality lifestyle and beautiful natural setting attracted many of these foreign nationals. Today though, the demand is not quite as high as it was in 2007 and 2008, but it nevertheless is still there.  The main reasons for only this small decrease in demand are pretty straight forward: 1)... Read more

Tags: santa barbara foreign nationals, santa barbara real estate foreign nationals

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Oct 23rd	5 Great Reasons Foreign Nationals are Buying Real Estate in Santa Barbara, California
2008	Categories: Foreign Buyers & Sellers

As the world has truly become global in the last 15 years, the wealthy are looking overseas to not just vacation but to also purchase real estate in resort areas in the U.S., especially on the coastline of California.  In the last several years, I personally have been in contact with at least 10 international buyers. Savvy buyers are coming from Canada, Europe and beyond to take advantage of California's real estate investment opportunities. Why is this the case?... There are several main reasons that foreign investors find California real estate so appealing? Location, Location, Location - This is by far the biggest Resort areas such as Santa Barbara... Read more

Tags: buying real estate in california, foreign nationals buying california real estate, santa barbara international buyers, santa barbara property, santa barbara real estate

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Sep 29th	Tips for Canadians Looking to Buy Real Estate in California
2008	Categories: Foreign Buyers & Sellers

I have had several conversations with Canadians this last year that are dreaming of heading south to California and other states to both beat the cold and to invest in real estate.  The strong Canadian dollar (or should we say weak U.S. dollar) combined with a hurting housing market in the U.S. is providing Canadians with arguably as good of a time as any to buy real estate in the U.S. in the last 30 years. If you are looking to move, invest, or purchase a second home, you should first have a basic grasp of the key differences between buying real estate in Canada versus... Read more

Tags: canadians buying real estate in california, canadians investing in US Real Estate, canadians real estate santa barbara, foreign buyers california

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Mar 25th	The Weakening US Dollar is Allowing More Foreigners to Buy into the California Dream
2008	Categories: Foreign Buyers & Sellers

There is a new buying pool for the California Dream...especially in coastal resort towns such as Santa Barbara and Montecito.  As the market has slowed over the last 18 months and the US Dollar has weakened dramatically, California has become second to only Florida in terms of international purchases.  Many foreigners are looking for second homes and places to invest their money in less certain economic times.  The property type that seems most desired is: 1) High-end estates 2) Larger homes 3) Condominiums in upscale areas Santa Barbara and Montecito CA fit this bill for most of these buyers.  Many... Read more

Tags: buy in california, california dream, condominiums in upscale areas, foreigners second homes, high-end estates, international buyers, international purchases

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