Video Real Estate Blog

Foreign Buyers are buying fewer homes.

According to the National Association of Realtors, foreign buyers have purchased 14% fewer homes than the year before. Well, that has been the case since 2017. In 2017, foreign buyers bought $153 Billion worth of US real estate. By 2019 pre-pandemic, it was down to $78 Billion. In 2022 it was $59 Billion. Also important, …

Continuing the story of the curious case of low inventory.

In my previous post (Since 2016, home inventory has been falling.), I talked about how technology has reshaped the industry and dramatically reduced the real estate cycle, and impacted inventory by accelerating the sales pace and reducing statistical errors and time inventory is counted. That could explain why we had the best total sales years …