Real estate executive Stuart Hansen serves as the vice president of Marquee Asset Management, a private real estate company with significant investors from China, among other countries in Asia. Stuart Hansen is responsible for liaising with partners in places such as China and Japan and identifying real estate investment opportunities in California and across the United States.
2. Introduction
Real estate executive Stuart Hansen serves as the vice president of Marquee
Asset Management, a private real estate company with significant investors from
China, among other countries in Asia. Stuart Hansen is responsible for liaising
with partners in places such as China and Japan and identifying real estate
investment opportunities in California and across the United States.
In October 2018, the California Association of Realtors (C.A.R.) released its 2019
California Housing Market Forecast, which shows a modest decline in home sales
as buyers face higher interest rates and affordability weakens housing demand.
C.A.R. estimates home sales will reach 396,800 units in 2019, which is 3.3 percent
lower than the projected figure of 410,460 in 2018. Moreover, C.A.R. predicts the
interest rate on a 30-year fixed mortgage will increase from 4.7 percent in 2018
to 5.2 percent in 2019, which makes it more expensive for potential buyers to
purchase a new home. As a result, they could potentially end up waiting on the
sidelines longer until there are more affordable homes on the market.