by kramoltz@hotmail.com | Feb 3, 2016 | Global Buyers + Foreign Investment, Real Estate Facts & Figures
How significant are foreign buyers of U.S. homes? Housing America released a study called Immigrant Contributions to Housing Demand which provides state by state statistics from 2000 to 2010, and estimates of immigrant purchases for the current decade. For Arizona,...
by kramoltz@hotmail.com | Jan 29, 2016 | Arizona and Its Amenities
WalletHub recently found the best cities for veterans in the 100 largest metro areas in the U.S. WalletHub tracked 18 key metrics, which included veteran unemployment rates, income growth, housing affordability, veteran population, educational opportunities, number of...
by kramoltz@hotmail.com | Jan 26, 2016 | Global Buyers + Foreign Investment, Home Buying
In my Ho-Hum, not Ho, Ho, Ho blog, I reported on the low demand in the $400,000 plus – and the over $1,000,000, price ranges. The lack of buyers is a particular problem above $2 million. Mike Orr of ASU says demand is anemic, and buyers “can take the time to be...
by kramoltz@hotmail.com | Jan 22, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
The contribution of international purchasers to our real estate market is highly dependent on currency fluctuations, and the strong dollar is keeping foreign buyers away. Particularly hurt are Canadians, whose currency is worth around 60-65 cents U.S. Taking their...
by kramoltz@hotmail.com | Jan 20, 2016 | Home Buying, Real Estate Facts & Figures
Catherine Reagor of the Arizona Republic reports that new home permits in the Phoenix metro area were up more than 40% in 2015 compared with 2014. And things really picked up at the end of 2015. For example, there were 1,076 permits issued in November, 75% higher than...
