Housing and Real Estate

According to the National Association of Realtors, 25% of real estate agents across the nation reported an increase in home buying by foreign and international investors since April 2006 to April 2007. The main countries whose residents buy homes in the United States, in order, are Mexico, United Kingdom, Canada, India and China.

Almost half of international buyers, 47% buy vacation properties, 22% buy investment property and nearly a third buy for both reasons. The statistics show a trend towards the purchase of condominiums and apartments, are concentrated in major markets such as New York, Los Angeles and San Francisco. (more…)

Start looking for the home or property

- Consult a real estate agent with experience in the area to buy, he or she will help with a housing search plan. An important source of information is the Multiple Listing Service (MLS).
- Visit the sector of interest, make an inspection of the neighborhood, get information on schools, hospitals, shopping centers, libraries, playgrounds and all the services you need.
- Evaluating a home not only for design, review the foundation, plumbing, heating, air conditioning and have a professional perform an inspection. (more…)