Asian investors, especially Chinese immigrants, are buying up real estate in Millbrae and Foster City faster than local brokers and agents can remember.
For a yearly chart of the number of Chinese yuan that can be bought with the U.S. dollar since 2001, click on the photo to the right.
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The foreclosure crisis is lingering longer in San Mateo County than elsewhere in the Bay Area and a giant backlog of bank-owned foreclosed homes could depress property values around the county for years to come, a new study suggests.
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