Ken Harter - Baker Ranch - July 2018

KEN HARTER

RE/MAX Prestige Properties 23120 Alicia Parkway, Suite 100 Mission Viejo, CA 92692

Broker Associate | CalBRE# 01925098 The Harter Group

Each office Independently owned and operated.

310.633.0641 Ken@thehartergroup.com www.TheHarterGroup.com WeChatID: KenHarter

CHINESE PROPERTY INVESTMENT FOCUS: UNITED STATES

THE HARTER GROUP

JULY 2018 HOME PRICING GUIDE Visit www.BakerRanchL Luxury.com for co ommunity info, current listings, and recent sales.

JUST LISTED

4 KEY MOTIVATIONS FOR CHINESE INVESTING OVERSEAS Whilst the world thinks of China as an emerging market, China views the world as an emerging opportunity.

EDUCATION

EMIGRATION

Chinese parents often buy property for children

64% of wealthy Chinese have either migrated or

studying overseas, and the US is a top education

are planning to move overseas, and the US is the

destination – Chinese students in the US hit a

most popular emigration destination for China’s

record 350,755 in 2017, accounting for 3.2% of its

HNWIs – especially Los Angeles, Seattle, San

international student population.

Francisco, and New York.

71 Finch | 3 Bedrooms | 2.5 Bathrooms | 2,068 Square Feet Call for more information 310.633.0641

PRESENTED BY KEN HARTER INVESTMENT

LIFESTYLE

60% of China’s HNWI’s intend to buy overseas

43% of rich Chinese buy property abroad to live

property over the next three years. Ability to own

in. Property purchase grows as they become

freehold property is attractive to Chinese buyers,

more sophisticated and increasingly desire an

and international property is the most popular

attractive lifestyle and improved quality of

form of overseas investment for Chinese.

life – something the US is famed for.

Information via Juwai.com

YO U R B a k e r R a n c h R E A L E S TA T E S P E C I A L I S T

“ W h o m o v e s yo u m at t e r s ” 310.633.0641 Ken@thehartergroup.com www.TheHarterGroup.com WeChatID: KenHarter

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

JUST SOLD 24605 Zena Court $45,000 over last model match

WHERE ARE CHINESE BUYERS LOOKING FROM FOR U.S. PROPERTY? 1

Mainland Chinese Buyers

RECORD SALE - $695,000

BAKER RANCH MARKET REPORT

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Living in mainland China

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Looking at properties overseas

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89% from 211 cities in China

Example: Chinese buyer in Harbin city looking at property in the United States

Jonathan and Angela-Marie, This market report was prepared especially for you. For an in-depth, analysis of your home, please call me today at 310.633.0641 and visit:

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www.BakerRanchLuxury.com

International Chinese Buyers •

Living outside mainland China

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Looking at international properties located outside the county they’re living in

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11% from 159 countries and regions around the world.

HOMES LISTED IN BAKER RANCH There are currently 20 homes listed in Baker Ranch.

For more up-to-date information, call me today at 310.633.0641.

Example: Chinese buyer in Australia looking at property in the United States

HOMES PENDING IN BAKER RANCH

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There are currently 11 homes pending in Baker Ranch.

For more up-to-date information, call me today at 310.633.0641.

Domestic Chinese Buyers

CLOSED RESALES IN BAKER RANCH IN THE LAST 60 DAYS Status Closed Closed Closed Closed Closed Closed Closed Closed Closed Closed Closed

Address 110 Agave 23 Oleander 32 Poppy 42 Clover 15 Juniper 146 Finch 42 Forster 54 Savannah 17 Oleander 18 Poppy 21 Umbria

Subdivision Brookland Ridgewood Brookland Knolls Terraces The Rowe Terraces Parkview Ridgewood Brookland Crossings

Property Type Condominium Single Family Condominium Single Family Single Family Townhouse Single Family Townhouse Single Family Condominium Single Family

Beds 2 3 3 3 5 3 4 3 4 3 4

Total Baths 2 4 3 3 4 3 4 3 4 3 3

Est. Sq. Ft. 1,225 2,252 1,801 1,705 2,459 1,565 2,584 1,563 2,432 1,537 2,070

List Price $575,000 $1,088,800 $748,000 $825,000 $1,599,995 $679,000 $1,248,000 $663,888 $1,100,000 $699,000 $1,020,545

List Date 05/23/18 04/19/18 05/16/18 04/12/18 02/08/18 01/29/18 02/07/18 01/30/18 04/26/18 03/20/18 12/29/17

Sold Price $605,000 $1,080,000 $740,000 $820,000 $1,535,000 $685,000 $1,180,000 $663,888 $1,100,000 $715,000 $1,005,995

Sold Date 06/11/18 06/11/18 06/07/18 05/30/18 05/23/18 05/22/18 05/07/18 04/27/18 04/27/18 04/24/18 04/19/18

Ken Harter and RE/MAX Prestige Properties are not in any way affiliated with Baker Ranch Owners Association, nor is this in any way an official advertisement or publication of Baker Ranch. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CLAW MLS for April 14th, 2018 through June 14th, 2018. Listings and sales may not be those of RE/MAX Prestige Properties. The National Association of Realtors® and CLAW MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

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Living outside mainland China

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Looking at domestic properties located in the country they’re living in

Example: Chinese buyer in the United States looking at property in the United States

Information via Juwai.com

KEN HARTER Broker Associate | CalBRE# 01925098 The Harter Group

310.633.0641 Ken@thehartergroup.com www.TheHarterGroup.com THE HARTER GROUP