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Josh Stein Realtor Sells Preconstruction Condos as Chinese Buyers Flock to Miami – Digital Journal

News Snapshot:

International buyers, specifically Chinese homebuyers, are flooding the South Florida real estate market to purchase pre-construction condos . These buyers are coming in droves to take advantage of the weak dollar, making U.S. properties more affordable than ever. One real estate agent reaping the benefits of this trend is Josh Stein of Josh Stein Realtor, a Miami-based real estate firm specializing in luxury properties in South Florida. “Miami is becoming the new Hong Kong,” Stein said. “As the Chinese economy continues to slow down, more and more of their citizens are looking to invest their money in safe havens like…

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