Chinese sold more U.S. properties in 2Q, ending 10 years of net purchases. :
Dolly Lenz Real Estate CEO Dolly Lenz on the state of the housing and commercial real estate markets and reports Chinese real-estate investors are reversing their years-long buying spree. China is dialing back its years-long real estate buying binge and has now reversed course to become a more significant net seller, according to a Wall Street Journal report. Chinese real estate investors usually bid high prices for lavish places, including the Waldorf Astoria Hotel in New York City.