A Golden Opportunity for Sellers
In a testament to the growing influence of Chinese buyers in the U.S. luxury real estate market, recent transactions highlight the significant impact these investors have on high-end properties. According to Robb Report, Mainland Chinese buyers have been linked to three of the most expensive U.S. homes sold in the past 18 months. Two of these properties, known for their celebrity connections, were acquired by the same buyer. In October 2022, a mystery buyer paid $55 million for the Newport Coast mansion of reality TV stars Dr. Terry and Heather Dubrow. Just four months later, another $55 million was spent on the extravagant Beverly Hills mansion of actor Mark Wahlberg.