Chinese investors flood Bellevue, Seattle with big money

As Featured on King 5 News

Written by Chris Daniels

Image Courtesy of the Article

An article and video coverage of the RSIR "Float-Pen House" reads, "the sun shines bright, and the waves crash at the boat cruising through Lake Washington. Dean Jones brings the motor to a halt, and coasts along the shoreline. 'That just entered the market at just over 10 million dollars,' said Jones as he points and the boat sails along. 'That one sold for about $8 million.' He's also blunt about who is buying. '(It's) largely driven by overseas demand,' said Jones, who owns the Realogics Sotheby branch in Kirkland. It's why his firm has also started doing what he calls 'Float-Pen Houses' for Chinese clients."