Economist Commentaries Archive

National Arbor Day: Trees and the Home Purchase

National Arbor Day is celebrated on April 24th, and is a time to celebrate the importance of trees. For home buyers who recognize their significance, finding a home with features such as being located on a wooded lot, having...

Foreign Home Buyers: Where and Why?

The top five countries with international buyers purchasing in the United States are Canada, China, India, Mexico, and the United Kingdom. Where and why are they buying? Where Are Foreign Buyers Searching? Information from realtor.com (Omniture Discover) shows the...

REALTORS® Report Strong Market Outlook for Next Six Months Across All States

In the March 2015 REALTORS® Confidence Index Survey, REALTORS® reported they were increasingly more confident about the housing outlook in the next six months compared to the case in February and a year ago.[1] The seasonal uptick in market...

U.S. and International Housing Prices: U.S. a Good Buy

Foreigners buy houses in the United States for a variety of reasons:  vacation, investment, rental, asset diversification, primary residence, and other purposes. With the dollar gaining strength against foreign currencies and inventories of available properties decreasing as prices increase,...

Return Buyers: Many Already Here, Many More to Come

Executive Summary Default rates jumped in 2006 and between then and 2014 nearly 9.3 million borrowers were foreclosed on, received a deed in lieu of foreclosure, or short sold their home.  To date, nearly a million of these former...