Author Archive

Contracts: Closings and Terminations

How many of the Pending Sales announced every month actually go to closure?  According to information from the REALTORS® Confidence Index Survey, the answer is “Almost All, generally over a period of up to 60 days depending on buyers’...

REALTORS® Confidence Index Survey: June 2015 Survey Highlights

The information provided by REALTORS® based on their client interactions indicates that the real estate market remained broadly “strong” in many local markets in June 2015, according to the June 2015 REALTORS® Confidence Index Survey Report. The REALTORS® Confidence...

Existing Home Sales to International Clients: Continued Growth

Over a five year time frame, 15 to 20 percent of REALTORS® responding to NAR’s 2015 Profile of Home Buying Activity of International Clients have consistently reported an increase in existing home sales to foreign buyers.  The sale of U.S....

How Do Foreign Buyers Decide on a U.S. Location for a Home Purchase?

Foreign buyers purchase U.S. residential existing-home properties for a variety of reasons—for example, vacation, investment, asset diversification, and residential use.  How do they decide where to buy? Based on information from NAR’s 2015 Profile of Home Buying Activity of...

Top Foreign Buyers of Existing-Homes by Country

Existing-home sales (EHS) to foreign buyers were approximately 8 percent of the total U.S. existing-home sales market of $ 1.3 trillion for the 12 months ending March 2015, according to NAR’s recently released 2015 Profile of Home Buying Activity...