Author Archive

Who Can Afford to Buy a Home in California?

California’s five metropolitan areas have become one of the 10 most expensive places for homebuyers. As of the first quarter of 2017, the median home prices for single-family homes are[1]: San Jose-Sunnyvale-Santa Clara, $1.1 million; San Francisco-Oakland-Hayward, $0.85 million;...

Chinese, Canadians, and Mexicans: Top Foreign Buyers in April 2016–March 2017

Despite the slowdown in Chinese economic growth and tighter regulations on outflows of foreign exchange, Chinese foreign buyers remained as the top foreign buyer of U.S. residential property, according to NAR’s recently released 2017 Profile of International Activity in...

Foreign Buyer Residential Purchases Rose to $153B in April 2016–March 2017

Foreign buyers purchased $153 billion of U.S. residential property in April 2016–March 2017[1], an increase from the $102.6 billion of property purchased in the previous 12-month period, according to NAR’s recently released 2017 Profile of International Activity in U.S....

REALTORS® Expect “Strong” Market Conditions in the Next Six Months

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members, “What are your expectations for the housing market over the next six months compared to the current state of the market in the neighborhood(s) or...

REALTORS®’ in West States Expect Fastest Price Growth in the Next 12 Months

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among...