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Falling Home Prices Ignite Boom in Foreign Buyers

I was just reading an article about foreign buyers literally invading the US to buy homes and I thought you’d like to see it if you haven’t already. It’s written by Steve Cook of Real Estate Economy Watch: The number of American homes bought by foreign nationals has nearly doubled in the past year as […]

What Does NAR’s Vacation Home Buyers Report Really Mean?

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Recently the National Association of Realtors reported that “Vacation-home sales recovered in 2009 while investment sales fell sharply.” Interesting. So what does it all mean? Well, NAR’s 2010 Investment and Vacation Home Buyers Survey, covering existing and new home transactions in 2009, revealed that vacation-home sales rose 7.9 percent to 553,000 last year from 513,000 […]

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