A growing interest among Russian buyers in the US real estate market is observed since the results of the November 2016 presidential election was finalized. The sudden change is mostly associated with the close relations between Russian President Vladimir Putin and America’s Donald Trump, who has just sworn in to take over the White House, January 20, 2017.

Phoenix, Arizona, USA, –– Russian investors are making a comeback on the American real estate market, which started when President Donald Trump conquered the November 2016 elections. As per the real estate companies in Gilbert, the market continues to strengthen with even more investments as the new president took office at the White House in January 20, 2017.

This sudden change that made realty hot again is seen primarily in Miami, Florida but is already spreading fire to other states, including Arizona, New York, Texas, and California. It is also not just the Russians that are starting to take interest on US homes again. Other foreigners, including Chinese, Canadian, Brazilian, and Venezuelan, were seen improving their numbers on the chart with impressive sales activity right at the start of the New Year, scouting for real estate West Jordan and other areas.

The explosive increase brought about by the growing appetite of non-resident foreigners on US land and housing industry is associated with the renewed trust on the US government’s economy coming after the change of presidency. The volatility of the modern-day financial market looks at real estate as the smartest investment available and with President Trump on the upper hand, US real estate is perceived to be the safest.

Between Russia and the US, it helps that President Putin is in good terms with President Trump than he did with ex-President Barrack Obama. It is also a major plus that the owner of a huge business empire who is now manning the country as president knows the market well, closing significant real estate deals with Russia’s rich and famous previously.

This is good news all around for the US real estate market and everyone who lives and breathes realty, including realtors in Chandler. We know that success in this kind of market is a number game. Now that the figures are continuously uprising, we cannot be happier.

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