REALTORS® Report Foreigners Come to America ¿ to Buy Homes

WASHINGTON, August 07, 2008

International real estate purchases in the U.S. continue to be a significant share of business for many Realtors, according to the 2008 National Association of Realtors^® Profile of International Home Buying Activity.

This new research indicates that international buying activity in the U.S. is widespread. NAR estimates that between 150,000 and 190,000 homes were sold to foreign nationals from May 2007 to May 2008. Recent foreign buyers purchased properties in every state and the District of Columbia. The most popular states where international buyers purchased homes are Florida, California and Texas. Arizona, New York, Washington and Nevada were also popular.

How to write an offer for REO properties

REO Reality Check - 10 Tips to Get Your REO Offers Accepted and Closed

As a Broker/Manager of a large real estate office(291 licensees as of July 2008) in a city (Las Vegas) that is dealing with 70%+ of monthly closed transactions being short sales and REOs, I've written this post with the intention of educating and spreading the word to as many people as possible that there is a stress-free way of accepting the market, adapting and enjoying success.

Avoid the inevitable frustration and stress so many real estate agents and buyers are currently experiencing by educating yourself and your buyers about the REO (Real Estate Owned) buying process!

Sales volume is picking up in Central Valley

Bargain hunters are keeping real estate agents hopping throughout the Northern San Joaquin Valley. Sales this July compared with last July were up 155 percent in Stanislaus, 129 percent in San Joaquin and 105 percent in Merced.

California Central Valley Housing Market

This is Michael Zagaris, the CEO of PMZ realty. In this video, he explains the state of the RE market in California Central Valley.

Click To Play

Link to PMZ blog

Real Estate Round table A Real Estate conference sponsored by Modesto Bee

Short Sale is not always the best option

I ran across an article when quietly walking away is actually better than doing a short sales.

Subprime Primer

To understand why and how we got into this Subprime mess, Check out the Subprime Primer. It is really funny.

Subprime crisis is a zero sum game.


Lecture on Housing Bubble. Part 1:


Lecture on Housing Bubble. Part 2:


Lecture on Housing Bubble. Part 3: