Asian buyers scoop up ‘bargain’ million-dollar Bay Area homes

By Pete Carey 09/27/2013 pcarey@mercurynews.com – The continuing influx of well-heeled homebuyers from Asia has Bay Area real estate firms competing for a lucrative and growing slice of the region’s residential market. 

“It has gotten big enough to where people are starting to pay attention to it,” said James Yang, an agent with the Sereno Group in Palo Alto. “If you read the Chinese newspapers or listen to Chinese radio there are ads from Bay Area real estate agents trying to reach out to that demographic.”

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