Author: Scott Gibbons

Foreign buyers continue to view the U.S. as a desirable place to own property; according to the National Association of REALTORS®’ 2016 Profile of International Activity, U.S. residential real estate sales to international clients accounted for $102 billion between April 2015 and March 2016.

Five states accounted for half of foreign buyer purchases. Buyers flocked to Florida, California, Texas, Arizona and New York. Latin Americans, Europeans and Canadians – who tend to buy in… Read More
Source: REALTOR News

It’s common knowledge that purchasing a home can be challenging. But while some buyers may lose sleep over home inspections or finding a home in their favorite neighborhood, real estate professionals know that one of the biggest difficulties is actually tied to financing the home.

In fact, according to the National Association of REALTORS® 2015 Profile of Home Buyers and Sellers, an overwhelming majority of recent buyers (86 percent) financed the purchase of their home. Younger buyers were more likely to finance and for more of the purchase price; the median down… Read More
Source: REALTOR News

According to the National Association of REALTORS®’ 2016 Profile of Home Buyers and Sellers, the most difficult step in the homebuying process is saving for a down payment. And with the cost of rent so high, renters are finding it more and more difficult to save. So what are some out of the box, but simple, ways that a renter can save for a down payment? Whether it is applying for government assistance, setting up a crowdsourced fund or giving up lattes for a year, there are hundreds of ways to gather the funds.

Story Springboard

Check out… Read More
Source: REALTOR News

Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on projects yourself can save you time and money. But taking on the wrong projects can lead to unending amounts of stress or end up costing you more money than if you had hired someone in the first place. NAR’s consumer website, HouseLogic, lets you know which projects need a… Read More
Source: REALTOR News

Moving, no matter your family situation, can be stressful. However, moving with children provides a whole new set of issues and stressors to take into consideration. In school districts across the country, kids are beginning to return to school, meaning that families that hope to move and be settled by the start of the fall semester are rushing to find homes in a low inventory market – a problem hitting families with children particularly hard. “Buyers with children have a slightly harder time finding the right property, likely because of their desire to purchase a home that… Read More
Source: REALTOR News