The National Association of Realtors (NAR) recently released a study of foreign activity in the US real estate market. The industry group had some interesting findings. Overall, its findings reinforce the perception held by many realtors and economists: purchasing activity by foreigners eager to take advantage of the weak dollar has been providing the national [...]
As the market has been transitioning from a strong seller’s market to a strong buyer’s market, the sales dynamics have been changing in a number of different ways. The changes go far beyond just longer or shorter wait times, or more or less bargaining power. Instead, the shifts in the market have rippled [...]
Alan Greenspan has spoken out in another prominent interview, airing opinions that, despite his retired and partially discredited status, continue to shape and cement market expectations.
The maestro of the housing bubble opined that the subprime crisis should play itself out and national housing prices should “start to stabilize, or touch bottom, sometime in the first [...]
Over the past decade, changes in the US dollar have been one of the central storylines of the evolving global economy. The same is true for the New York Real Estate market. As the US government unofficially abandoned its increasingly untenable strong dollar policy at the beginning of the decade, foreign demand for US real [...]
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