Russian rich returns in the U.S. real estate market

Russian millionaires are returned to the U.S. property market, okrileni collapse of prices and the appreciation of the ruble against the dollar, said agency Blumbarg, citing lawyer Edward Marmalstiyn.
„The way in which many consider the United States is currently as a market where they can make profitable deals – says Marmalstiyn who has organized more than 300 property transactions with customers in the former USSR from 2007 onwards. 41-year-old Marmalstiyn notes that for the past 3 months has concluded 2 transactions and negotiate another 20 for the purchase of properties in New York and Florida with customers in Russia and Central Asia.
Prices fell in Manhattan for the first time since 2002 as the crisis over overtake even the most persistent and most expensive market in the U.S..
At the same time make growth of the ruble 13 percent against the dollar reached the bottom of February 17. Prices in the housing sector have fallen in different regions of the United States between 30 and 40 percent. „Suddenly increased activity – Marmalstiyn notes.
He said that half of its 15 Russian customers trying to buy property in the U.S. are new. About 32 percent of the owners of the apartments for sale in Manhattan in the second quarter reduced the price reported StreetEasy.com.
Transaction price of apartments with more than 10 million U.S. dollars fell by 82 percent in the last year. According to him, has influence and behavior of the popular Russian business figures.
Many, as the owner of Chelsea football team Roman Abramovitz and telecommunications tycoon Mikhail Friedman are among those who have active interests of the UK property market, for example.

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