NAR: Foreign investment surges 49% – hits record highWASHINGTON – July 18, 2017 – Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high. In all five of the top feeder countries buying U.S. real estate, the number of transactions grew, according to an annual survey of residential purchases from international buyers released by the National Association of Realtors® (NAR). …continue
Report: Buy a home now before prices go even higherGREENSBORO, N.C. – July 11, 2017 – The risk of home price declines remains low, but affordability is increasingly a concern in cities across the U.S., according to the Summer 2017 edition of The Housing and Mortgage Market Review (HaMMR) published by Arch Mortgage Insurance Company. …continue
Fla. home to 43% of top metros for second-home bargainsIRVING, Calif. – July 12, 2017 – ATTOM Data Solutions analyzed the U.S. cities where at least one in every 12 buyers is looking for a second home, and it ranked them based on air quality, comfortable summer temperatures, low crime, appreciating home values and reasonable home prices. …continue
New-home sales rise 2.9% in MayWASHINGTON – June 23 – Sales of newly built, single-family homes in May rose 2.9 percent to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. …continue
Fla.’s home sales, median prices up in May 2017ORLANDO, Fla. – June 21, 2017 – Florida’s housing market reported more closed sales, higher median prices, more new listings and more pending sales in May, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 27,850 last month, up 7.6 percent compared to May 2016. …continue
