by kramoltz@hotmail.com | Sep 7, 2016 | Foreclosures + Short Sales, Home Buying
Americans who lost their home to foreclosure are slow to return to home ownership. About 1.9 million of the 3.1 million home owners who were foreclosed on between 2007 and 2013 have passed the 7 year mark, the typical time required to sufficiently improve a credit...
by kramoltz@hotmail.com | Sep 2, 2016 | Global Buyers + Foreign Investment
Perhaps because of property value increases here and the strength of the U.S. Dollar, more and more U.S. homeowners are looking to purchase in other countries (sales have increased 233%). The countries that generated the most interest were Canada, Mexico, Costa Rica,...
by kramoltz@hotmail.com | Aug 31, 2016 | Mortgages + Lending
Mortgage rates continue to hover around all-time lows, with the 30-year fixed-rate averaging around 3.43% this week, making this the ninth consecutive week that mortgage rates have been below 3.5%. Want even a lower rate? 15-year fixed-rate mortgages averaged...
by kramoltz@hotmail.com | Aug 29, 2016 | Global Buyers + Foreign Investment, Real Estate Facts & Figures
Canadian buyers accounted for about 6% of the homes purchased in the metro Phoenix area at their peak in April of 2011. Then the Canadian dollar was worth more than ours, and Canadians were purchasing at the bottom of our market. Today, the U.S. dollar buys around...
by kramoltz@hotmail.com | Aug 25, 2016 | Home Buying, Renters and Renting
The National Association of REALTORS reviewed employment growth, household income and qualifying income levels in nearly 100 of the largest metropolitan areas across the U.S., to determine which areas with employment gains above the national average also have the...
