Who Is Buying Real Estate?

Five countries accounted for nearly half (49 percent) of the dollar volume of purchases by foreign buyers are China, Canada, India, Mexico and the United Kingdom. For the sixth consecutive year, China exceeded all other countries in dollar volume of purchases, buying an estimated $30.4 billion worth of residential property, though that's a decrease of 4 percent from last year.

However, rising home prices and low inventory led to a decline in foreign home purchases in the United States. According to an annual survey from the National Association of Realtors® (NAR), total international sales totaled $121 billion during April 2017 to March 2018, a 21 percent decline from the previous 12-month period.  Lawrence Yun, NAR chief economist says "Inventory shortages continue...

Today’s Forecast: Sunny with Lower Taxes

If you’re one of the millions of adults preparing for retirement, I have good news: Florida is still beautiful, and the tax rates are lower than the Northeast. You’ve made your fortune in the North, now it’s time to preserve and enjoy it here in the South.

As decisions are made regarding estate planning, healthcare, etc. there are several considerations that should take priority related to your real estate holdings:

1. Do you currently own property where you want to retire?
2. Do you intend on retaining ownership of your current property(s) through retirement?
3. Is the master bedroom in your current property(s) on the first floor? (spry now achy later!)
4. Do you want to live in a community or isolated suburb?
5. What type of lifestyle and corresponding activities...