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September 2015 Archives

Real estate brokers to face new online competition

The Internet has revolutionized many kinds of businesses in recent years, and Delaware residents are now able to shop for goods, pay their bills and compare vacation destinations online. The complex structure and highly regulated nature of U.S. residential real estate sales has made it difficult for online companies to enter the market in a meaningful way, and the Internet has largely become a tool for real estate brokers and agents to reach more prospective buyers and sellers.

Chinese investment in American residential real estate

Delaware residents may recall how some media outlets compared the 2014 purchase of the Waldorf Astoria Hotel in New York City by a Chinese investment group with the buying of iconic Manhattan real estate by Japanese companies in the 1980s. Japanese investors quickly abandoned American real estate when economic conditions in their home country deteriorated, and recent economic setbacks in China have sparked fears of an exodus of Chinese investment funds.