by kramoltz@hotmail.com | May 30, 2017 | Global Buyers + Foreign Investment
Of all high-net-worth foreigners owning homes here, Mexicans own the most. 14% of this income group are landholders in the U.S. Next is the Bahamas at 13%, England is third, and France comes in at fourth place. I’m a little suspicious of the Bahamas stat. My guess is...
by kramoltz@hotmail.com | Apr 7, 2017 | Real Estate Facts & Figures
Luxury Condos tend to take a longer time to sell, but the amount of South Florida inventory is out of control. According to Barrons.com, there are currently more condominiums being listed above $1 million than ever before, with over 55 months of supply. And it looks...
by kramoltz@hotmail.com | Oct 31, 2016 | Real Estate Facts & Figures
New homes 5,000 square feet or more increased both as a share of all new construction and in absolute number in 2015, according to the Census Bureau’s Survey of Construction. In 2015, the share of new homes this size reached a post-recession peak of about 4% of new...
by kramoltz@hotmail.com | Jun 9, 2016 | Global Buyers + Foreign Investment
San Francisco tops a global index based on prices for high-end real estate around the world with its median asking price more than $1 million, according to the Knight Frank Prime Global Cities Index. The Index compares prime residential prices of the top 5% of the...
by kramoltz@hotmail.com | Apr 18, 2016 | Real Estate Facts & Figures
#Scottsdale, Arizona had the eighth most #luxuryhome sales (over $1 million) in the U.S. last year.