Foreign Purchases of the American Real Estate Rise Strongly
No commentsWall Street Journal | REAL ESTATE | June 11 A survey released last month showed that the six-year slide in U.S. housing prices, coupled with the rising value of some foreign currencies and continued instability in Europe, is fueling a property-buying binge in the U.S. by wealthy foreigners. This is a good news for the […]
Housing Inventory declines 20.07% year-over-year!
No commentsRealtor.com: May 2012 Real Estate Data Released – June 16, 2012 Some more good news about the current Real Estate market. See below what was written in the last month Real Estate Data issue at Realtor.com, and definitely check out the full chart with all the cities and markets and their statistics, since they differ […]
Warren Buffet on the USA Housing Market
2 comments so farBerkshire Hathaway February 25, 2012 | Warren E. Buffett Warren Buffett makes several key USA housing points in the annual Berkshire Hathaway Shareholder meeting, which are quite interesting for all foreign investors who are considering buying house in usa: Housing completions have been at record lows. 1 ) There are currently more households being formed […]
Apartment Vacancy Rate falls to 5.2% to 2001 Level
5 comments so farThe nation’s apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them. Reis Apartment Vacancy Rate (click to enlarge) In the fourth quarter, the vacancy rate fell to 5.2% from 6.6% a year earlier and 5.6% at the end of […]
CoreLogic: 10.9 Million U.S. Properties with Negative Equity in Q2
2 comments so farCoreLogic released negative equity data for Q2 2011 showing that 10.9 million, or 22.5 percent, of all residential properties with a mortgage were in negative equity at the end of the second quarter of 2011, down very slightly from 22.7 percent in the first quarter. An additional 2.4 million borrowers had less than five percent […]
USA Update: Real House Prices and Price-to-Rent
6 comments so farCalculated Risk Finance & Economics blog, July 26, 2011 Real House Prices Real House Prices in the USA (click to enlarge) Below are two graphs showing real prices and price-to-rent ratios for residential homes in the USA. Real prices are back to 1999/2000 levels, and the price-to-rent ratio is also back to 2000 levels in […]
Seller’s financing – my experience, process of buying property in Topeka
11 comments so farAs I described in the last post at Buying Property in USA blog, I was quite lucky, because I found a great real estate agent, who presented me with a few investment properties, with possible seller’s or so called owner financing. I have read a lot of things about seller’s financing before, but it was […]
Buying investment property in Topeka, Kansas
7 comments so farAs I have mentioned in the previous post here at Buying Property in USA blog, I had a chance to spend some time in Kansas last year. I started looking around for investment properties, mainly because of the proximity to my future-in-law family. I wanted to be able to use the travel cost as a business […]
Finding Property Management company
3 comments so farPart of investing and buying property in USA as a foreigner is finding a reliable property management company. As a foreigner, you can’t be present in the location of your investment property and therefore you don’t have the choice of doing the landlord by yourself. Using a property management company doesn’t have to be necessary […]
Buy House in USA for a good price = Bidding wars!
9 comments so farIn this post I will continue my story of buying property in USA this summer. As I already said, I have spent 6 months of preparations and then finally I got my tickets from Europe to USA. When I arrived to Las Vegas, I rented a car and got accommodation. Accomodation is super cheap in […]