A combination of tremendous values along with marketing services linking overseas buyers to sellers in the United States (like Caimeiju), international buyers are making up a larger segment of luxury purchases in the luxury market.  Last summer, Patricia Ecclestone purchased the famous Spelling Manor for an estimated $85,000,000 and in December a Russian Billionaire’s daughter purchased a New York Penthouse apartment for a record $88,000,000

Many luxury homes in Southern California including Orange County and San Diego are selling to Chinese buyers who like that California had world’s largest Chinese populations outside China. According to the National Association of Realtors, Chinese people now make up the second largest group of foreign buyers of US real estate, just behind Canadians.