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Texas Tops the ZIP Codesin Realtor.com List of Hottest Locales
15 Aug 2015

Texas takes 3 of the 10 ZIP Codes Rise Above in Realtor.com®’s List of Hottest U.S. Housing Locales


Michael Stuart's insight:

Choosing a neighborhood is an intensely personal decision

  • High Demand, Fast-Moving Supply
  • More Money, More Jobs
  • Strong Markets for Millennials
2015 Profile of International Home Buying Activity Highlights - YouTube
12 Aug 2015

NAR Chief Economist Lawrence Yun talks about highlights of the 2015 Profile of International Home Buying Activity. Chinese are buying!


Michael Stuart's insight:

Approximately 209 thousand houses are estimated to have been sold to foreign buyers over the time period, approximately 4 percent of total Existing Home Sales.


The total foreign sales dollar volume is estimated at $104 billion, approximately 8 percent of total Existing Home Sales dollar volume.
Foreign clients paid on average nearly $500 thousand for a house, compared to the overall U.S. average house price of about $256 thousand.


Sales to foreigners are split between resident and non-resident purchasers. Resident foreigners may be in the U.S. for business, educational, or other purposes. Non-resident foreigners are typically looking for a vacation or investment property.

Five countries accounted for 51 percent of purchases by foreigners: Canada, China, Mexico, India, and the United Kingdom.

Although foreigners purchased property nationwide, four states accounted for 50 percent of international sales: Florida, California, Texas, and Arizona.


The percentage of REALTOR® respondents who reported working with international clients in the 12 months ending March 2015 increased by 7 percent over the previous year.

Did You Know? Vacation Buyers' Retreats
10 Aug 2015

Facts about vacation buyers from the 2015 Investment and Vacation Home Buying Survey The bulk of investment buyers (86 percent) and vacation buyers (85 percent) reported that now is a good time to purchase real estate.


Michael Stuart's insight:

One-third of vacation buyers plan to use their property for vacations or as a family retreat, 19 percent plan to convert their vacation home into their primary residence in the future, and 13 percent bought for potential price appreciation; the same share purchased because of low real estate prices and because the buyer found a good deal.

What thrived during the Texas coast recession?
29 Jan 2015

This study is about the lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms to hit the Texas coast in history. A silver lining from the unfortunate times the region experienced from 2008 to 2012.

At the real estate peak in 2007, over a dozen high-end projects were under way on the Texas coast transforming the skyline and promising better lifestyles. Some of the projects completely failed, most will redeem their value sometime in the future, but only two thrived and are roaring out of the recession.

The report shows how it was a combination of negative factors that took the Texas coast market by storm, while Texas overall had only minor effects from the recession.

Energy Projects Fueling a Prosperous Texas Coast
26 Jun 2011 New pipelines, offshore rigs, port expansions and wind farms bring additional prosperity to the Texas coast
Read the National Association of Realtors report on Second Homes
13 Apr 2011 The share of home buyers purchasing second homes remained steady compared to the year before according to an annual report from the National Association of Realtors
Page 1
Texas Tops the ZIP Codesin Realtor.com List of Hottest Locales
15 Aug 2015

Texas takes 3 of the 10 ZIP Codes Rise Above in Realtor.com®’s List of Hottest U.S. Housing Locales


Michael Stuart's insight:

Choosing a neighborhood is an intensely personal decision

  • High Demand, Fast-Moving Supply
  • More Money, More Jobs
  • Strong Markets for Millennials
2015 Profile of International Home Buying Activity Highlights - YouTube
12 Aug 2015

NAR Chief Economist Lawrence Yun talks about highlights of the 2015 Profile of International Home Buying Activity. Chinese are buying!


Michael Stuart's insight:

Approximately 209 thousand houses are estimated to have been sold to foreign buyers over the time period, approximately 4 percent of total Existing Home Sales.


The total foreign sales dollar volume is estimated at $104 billion, approximately 8 percent of total Existing Home Sales dollar volume.
Foreign clients paid on average nearly $500 thousand for a house, compared to the overall U.S. average house price of about $256 thousand.


Sales to foreigners are split between resident and non-resident purchasers. Resident foreigners may be in the U.S. for business, educational, or other purposes. Non-resident foreigners are typically looking for a vacation or investment property.

Five countries accounted for 51 percent of purchases by foreigners: Canada, China, Mexico, India, and the United Kingdom.

Although foreigners purchased property nationwide, four states accounted for 50 percent of international sales: Florida, California, Texas, and Arizona.


The percentage of REALTOR® respondents who reported working with international clients in the 12 months ending March 2015 increased by 7 percent over the previous year.

Did You Know? Vacation Buyers' Retreats
10 Aug 2015

Facts about vacation buyers from the 2015 Investment and Vacation Home Buying Survey The bulk of investment buyers (86 percent) and vacation buyers (85 percent) reported that now is a good time to purchase real estate.


Michael Stuart's insight:

One-third of vacation buyers plan to use their property for vacations or as a family retreat, 19 percent plan to convert their vacation home into their primary residence in the future, and 13 percent bought for potential price appreciation; the same share purchased because of low real estate prices and because the buyer found a good deal.

What thrived during the Texas coast recession?
29 Jan 2015

This study is about the lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms to hit the Texas coast in history. A silver lining from the unfortunate times the region experienced from 2008 to 2012.

At the real estate peak in 2007, over a dozen high-end projects were under way on the Texas coast transforming the skyline and promising better lifestyles. Some of the projects completely failed, most will redeem their value sometime in the future, but only two thrived and are roaring out of the recession.

The report shows how it was a combination of negative factors that took the Texas coast market by storm, while Texas overall had only minor effects from the recession.

Energy Projects Fueling a Prosperous Texas Coast
26 Jun 2011 New pipelines, offshore rigs, port expansions and wind farms bring additional prosperity to the Texas coast
Read the National Association of Realtors report on Second Homes
13 Apr 2011 The share of home buyers purchasing second homes remained steady compared to the year before according to an annual report from the National Association of Realtors
Page 1
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Contact

Swedes Real Estate Logo

Swede's Real Estate
Physical Address: 2840 Hwy 87

Mailing Address: Po Box 1158

Crystal Beach, TX 77650

Phone 409-684-3345

Sitemap

Anne Willis Broker


Your Crystal Beach Bolivar Peninsula - Beach Property Expert - a member of the TexasGulfCoastOnline network

Swedes Real Estate Logo

Swede's Real Estate
Physical Address: 2840 Hwy 87

Mailing Address: Po Box 1158

Crystal Beach, TX 77650

Phone 409-684-3345

Sitemap

Anne Willis Broker


Your Crystal Beach Bolivar Peninsula - Beach Property Expert - a member of the TexasGulfCoastOnline network