In many parts of the country, school is back in session, and you might find yourself with a bit more downtime than you’ve had all summer. Take a few minutes to catch up on the latest real estate news. Stories this week cover topics such as home sales to foreigners are up, whether housing market bubble fears are warranted, and the ramifications of more homebuyers putting down less on their purchase. Take a few moments to read some tips on running a successful small business, as compiled by Entrepreneur. Happy reading!
U.S. home sales to foreigners surge 49% to new record
According to the National Association of Realtors, foreign buyers and recent immigrants spent 49 percent more this year than last on American real estate. Read more about this uptick in interest in U.S. properties.
Homebuyers put less and less skin in the game, adding to the market’s overall risk
Down payments of less than 10 percent are at an all-time high. Do these riskier loans mean we could be heading for another foreclosure crisis à la 2008?
58% of homeowners think the housing market is set for a correction: are bubble fears founded?
With memories of a previous crash still fairly fresh, many homeowners worry that the current real estate market is on course for another correction. Does this mean a bubble is imminent? Experts weigh in—and the news is good.
Report: 1 in 4 homes now equity rich
The news is good for most American homeowners; the equity in their homes is growing by leaps and bounds. According to ATTOM Data Solutions, some 14 million homeowners owe less and own more. You can get the details here.
4 success tips from small businesses that are doing it right
When you are a real estate agent, you are essentially running a small business. Entrepreneur has a quick list of four keys to success. Even the most seasoned of real estate veterans can benefit from these tips.
