Archive for June, 2012

Overseas Home Buyers – Buying here

Thursday, June 14th, 2012

Lured by bargain home prices, foreign buyers stepped up their purchases of U.S. homes by 24% over the past year, according to an industry trade group. The National Association of Realtors reported Monday that $82.4 billion worth of homes were sold to international buyers in the 12 months that ended in March, up from $66.4 […]

Bidding Wars !!

Friday, June 8th, 2012

The real estate bidding war has become a hot topic in the Los Angeles marketplace. Sales prices are rising and bidding wars are breaking out, all due to low inventory. 2.37 million existing homes were listed for sale nationwide in March, the fewest for the month since 2005, the year U.S. home sales reached a […]