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Selling to Russians News: Russian Buyers' Comeback to International Real Estate Markets
March 01, 2017
The Real Deal Magazine: Emboldened by a Trump Presidency, Russian Buyers Return: VIDEO
"Once one of the chief foreign investors in NYC real estate, the Russian buyers backed off in recent years. Sanctions against them following the annexation of the Crimea led to a drop off in luxury apartment sales to the Russian buyers. But now, emboldened by a Trump presidency, brokers say the Russians are once again hunting for Manhattan trophy properties."
The Real Deal Magazine: South Florida by the Numbers: Miami-Russia Real Estate Connection
"Russia’s ranking among foreign countries searching for Miami property online during November 2016 (election month) is up, according to the Miami Association of Realtors. This marked the first time Russia has topped this monthly list since 2013, the year that the association began tracking web searches through its portal, Miamire.com."
"Russian developers currently pouring money and concrete into Miami. Vladislav Doronin is one example. The Russian-born developer recently paid $54 million for a 2-acre site along Biscayne Bay in Miami's Edgewater neighborhood where he plans a condominium project, one of several he is behind in the Miami area."
"The Russian buyers are homing in on U.S. real-estate following property magnate Donald Trump's election victory in November. Global real estate consultancy Knight Frank has registered a 35% surge in Russian inquiries on the U.S. properties compared to last year, CNN Money reports."
"Wealthy Russians are looking to spend big on U.S. real estate in the wake of Donald Trump's election victory."
Russia beyond the Headlines Network: Has Donald Trump Tempted Russia's Rich Back to the U.S. Property Market?
"In the last month inquiries among Russians about homes in the United States have grown by more than a third, giving the U.S. a chance to take back its place among the five most popular countries for the Russian buyers of foreign real estate. In 2015, due to the deterioration of political relations between Moscow and Washington, the U.S. did not even make it into the top 10."
Mortgage Professional America Magazine: Russians Top List of Foreigners Searching for Miami Homes
"After the presidential election, the Russian buyers have been back in the Miami luxury real estate market. The Russian buyers already invested $1 billion in US real estate last year, according to the National Association of Realtors - but Russian interest spiked 35% after Donald Trump won the election."
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