VNEXxpress-May 3
More and more Vietnamese and people of the diasporain the U.S. are buying houses in that country as they grow increasingly affluent.
Hailey Phan, a realtor based in Seattle, Washington, works around the clock to keep up with Vietnamese clients’ brisk demand for buying homes. She says they include both American and Vietnamese nationals. “The demand from the Vietnamese community to buy a house is booming. “Every month she gets around 100 calls from Vietnamese customers, including from out of state and from Vietnam, to inquire about house prices in the Seattle neighborhood. She also says that many Vietnamese-Americans go on house tours on their own during weekends when many listed homes have open house. The demand among Vietnamese to buy U.S. property is soaring, fueled by the rising incomes of the diaspora and a growing middle class back in Vietnam that wants to park money in the U.S. housing market. A report, ‘Profile of International Activity in U.S. Residential Real Estate,’ published by the U.S. National Association of Realtors, says Vietnamese rank among the top 10 foreign residential property buyers and spent $1.7-3 billion on U.S. properties between April 2016 and March 2017. It adds that they prefer California, Florida and Texas states, where most Vietnamese-Americans live. Read more at:
https://e.vnexpress.net/news/trend/vietnamese-increasingly-buying-homes-in-us-4456194.html
