Richard Stein – Realtor®, Douglas Elliman, GREEN, SFR, CBR, eCertified®

Local Agent, Worldwide Marketing – Douglas Elliman Real Estate formerly Prudential Douglas Elliman Real Estate

The 5 US housing markets Chinese investors like most

 Melody Hahm


Chinese buyers spend more money on US residential real estate than any other foreign investors, and now we have a better sense of where they’re putting their money.

By conducting in-depth interviews with 120 agencies throughout mainland China, real estate platform Investorist compiled a list of five US housing markets where Chinese buyers are projected to spend the most money in the next 12 months: Los Angeles, California; Miami, Florida; New York, New York; San Francisco, California and Boston, Massachusetts.

Chinese investors are drawn to these cities because of quality educational institutions and opportunities, according to the report. “Children’s education” was the top reason driving demand, just ahead of migration, according to the report.

Top US markets for Chinese homebuyers

The No. 1 housing market for Chinese investors boasts some of the best public universities in the US. Apart from the UC school system, Chinese investors are flocking to LA because of the bargain pricing by international standards, particularly compared to San Francisco.

With its idyllic weather, rising land values and an increasing amount of Chinese students at the prestigious University of Miami, Miami is a hub for Chinese investors. Miami suburb North Miami has unveiled ……

Full story at YAHOO

Solar Eclipse 2017

On August 21, 2017, all of North America will be treated to an eclipse of the sun. Viewers around the world will be provided a wealth of images captured before, during, and after the eclipse by 11 spacecraft, at least three NASA aircraft, more than 50 high-altitude balloons, and the astronauts aboard the International Space Station – each offering a unique vantage point for the celestial event.

NASA’s live eclipse programming begins at 12 p.m. EDT, Monday, August 21.

12 p.m. EDT – Eclipse Preview Show, hosted from Charleston, South Carolina.
1 p.m. EDT – Solar Eclipse: Through the Eyes of NASA. This show will cover the path of totality the eclipse will take across the United States, from Oregon to South Carolina. 

Watch live, beginning at 12 p.m. EDT:

Eclipse Live: Video streams from NASA Television and locations across the country.

Alternate NASA live streams:
Facebook Live —
Twitter/Periscope —
Twitch TV —
Ustream —
YouTube —

Eclipse images raw feed (no commentary):
NASA TV Eclipse images channel
NASA TV on UStream

NASA’s Eclipse 2017 website
Safety Tips From NASA For Eclipse Viewing
Video: How to Safely Watch a Solar Eclipse
Watch NASA’s Eclipse 2017 Preview Videos
Watch the Eclipse Up Close and Personal With NASA
Watch NASA Television’s Live Eclipse Broadcast
Five Tips From NASA For Photographing the Total Solar Eclipse
NASA Invites You to Become a Citizen Scientist During the Solar Eclipse Wave at the Moon During the Total Solar Eclipse

Latest Stories
Studying the Sun’s Atmosphere With the Total Solar Eclipse
Day to Night and Back Again: Earth’s Ionosphere During the Total Solar Eclipse
Chasing the Total Solar Eclipse From NASA’s WB-57F Jets
NASA Looks to the Solar Eclipse to Help Understand the Earth’s Energy System
The Moon Is Front and Center During a Total Solar Eclipse
NASA Satellites Ready When Stars and Planets Align
Eclipse 2017: NASA Supports Science in the Shadow

Official NASA Viewing Locations
The official NASA broadcast locations for the total solar eclipse are below.  View a map with the locations for TV, webcast, and viewing.
International Space Station
50+ High Altitude Balloon Teams Across Path of Totality
Gulfstream III Aircraft
State Fair Grounds/Oregon Museum of Science – Salem, OR
Exploratorium – Madras, OR
Museum of Idaho – Idaho Falls, ID
Exploratorium – Casper, WY
Homestead National Monument of America – Beatrice, NE
State Capitol – Jefferson City, MO
Southern Illinois University Edwardsville – Carbondale, IL
Summer Salute Festival – Hopkinsville, KY
Austin Peay State University – Clarksville, TN
Great Smoky Mountains National Park – NC
College of Charleston – Charleston, SC
Coast Guard Ship – Atlantic Ocean

It is never safe to look directly at the sun’s rays – even if the sun is partly obscured. When watching a partial eclipse you must wear eclipse glasses at all times if you want to face the sun, or use an alternate indirect method. This also applies during a total eclipse up until the time when the sun is completely and totally blocked. During the short time when the moon completely obscures the sun – known as the period of totality – it is safe to look directly at the star, but it’s crucial that you know when to take off and put back on your glasses.
Credits: NASA Scientific Visualization Studio
On Monday, August 21, 2017, all of North America will be treated to an eclipse of the sun. Anyone within the path of totality can see one of nature’s most awe inspiring sights – a total solar eclipse. This video, narrated by actor George Takei, provides a few viewing tips for the public.
Credits: NASA
Map of the U.S. showing the path of the 2017 solar eclipse
The total solar eclipse of Aug. 21, 2017, stretches across the U.S. from coast to coast, providing scientists with a unique opportunity to study the eclipse from different vantage points.
Credits: NASA’s Scientific Visualization Studio

Over the course of 100 minutes, 14 states across the United States will experience more than two minutes of darkness in the middle of the day. Additionally, a partial eclipse will be viewable across all of North America. The eclipse will provide a unique opportunity to study the sun, Earth, moon and their interaction because of the eclipse’s long path over land coast to coast. Scientists will be able to take ground-based and airborne observations over a period of an hour and a half to complement the wealth of data and images provided by space assets.

Study: FSBOs Net ‘Significantly’ Lower Profits

For-sale-by-owners tend to sell their homes for lower prices than homes sold through traditional agents via the MLS, and in many cases below the average differential represented by the prevailing commission rate, according to a new study by Collateral Analytics

The study examined the price differences between homes sold through traditional agents versus those sold by FSBOs from 2016 to the first half of 2017.

Some homeowners may be tempted to try to avoid commission costs to a broker and try to sell the home on their own. But that can backfire and turn into a much lower sales price, the study found.

Even successful FSBO sellers achieve prices “significantly below” those from similar properties sold more traditionally via REALTORS®, the study found.

The authors found that the differential in selling prices for FSBOs when compared to MLS sales is “remarkably close to average commission rates.” A FSBO sale, on average, nets nearly a 6 percent lower price than an MLS sale for a similar property. 

“Assuming that both buyers and sellers pay the commission, one might have expected something less than this average,” the researchers note. “It appears that many sellers are avoiding commissions while netting home prices less than they would with an agent-represented MLS sale. They are avoiding commissions at any price, even one that exceeds a commission rate.”

Source: “Saving Real Estate Commissions at Any Price,” Collateral Analytics Research

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