Tag: home buyers
Radon testing law for homes listed for sale
In 2015, Montgomery County, Maryland, decided to play the hero by becoming the first U.S. jurisdiction to mandate radon testing for homes listed for sale. Radon, the invisible, odorless villain….
Mortgage Forbearance Rates Up: Natural Disasters
The Mortgage Bankers Association (MBA) reported an increase in mortgage forbearance rates to 0.27% as of July 31, 2024, from 0.23% the previous month, primarily due to recent natural disasters…..
Pull-Forward Effect in Residential Real Estate
There’s a phenomenon commonly referred to as the “pull-forward” effect, in residential real estate. In recent times we witnessed it all-over partially causing home values to rise at an extraordinary….
Residential Real Estate Cash Buyers
Residential Real Estate Investor Cash Purchases plummeted to a mere 64% in Q1 of 2024, a stark contrast to the cash-flashing frenzy of late 2021 when 69.7% of investors whipped….
Can Buyer Agreements be required in Colorado?
In a recent letter to the Colorado Association of Realtors CEO Tyrone Adams, Marcia Waters, director of the real estate division within the Colorado Department of Regulatory Agencies, expressed concerns….
Consumer Confusion and Misrepresentation: NAR Settlement and CO Real Estate Practices
In the wake of the National Association of Realtors (NAR) settlement, there has been a growing concern among consumers regarding the changes in real estate practices, particularly in Colorado. Complaints….
Residential Real Estate Investors from China and the UK: Florida and Texas appeal
Chinese and British buyers have shown a strong interest in real estate in Florida and Texas. The home price affordability, steady cash flow, and growth potential of these states make….
Foreign Real Estate Investors in the US
Sales of U.S. homes to foreign buyers have hit a 14-year low, with 54,300 homes sold to non-U.S. citizens in the 12 months ending in March 2024, down 36% from….