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You are here: Home / Archives for Elegant Casas

Foreigners Pump up Home Prices in U.S.

August 7, 2017 by Elegant Casas

Purchases by foreigners accounted for 10% of U.S. existing-home sales by dollar volume in the year ended in March, up from 8% in 2016.  Foreign buyers are disproportionately concentrated in a handful of states, with Florida, Texas and California together making up 46% of foreign buying activity.  Foreign buyers tend to purchase more expensive homes than their local counterparts.  The median price for a home purchased by a foreigner was more than $300,000, compared with roughly $235,000 for all existing homes sold in the U.S.
 
Take a look at the full article here:
http://www.foxbusiness.com/markets/2017/07/19/foreigners-pump-up-home-prices-in-u-s.html

Filed Under: Real Estate

Not all Sinkhole Houses are Equal

July 21, 2017 by Elegant Casas

Even though a sinkhole has been deemed as repaired, it may still pose a major issue.  It is important that repairs were completed fully and properly to avoid a recurring issue.  Reviewing the completion reports by the engineers that oversaw the repairs can help to understand the extent of the repairs.

Take a look at the full article here:
http://www.tampabay.com/news/business/realestate/is-sinkhole-damage-sinking-tampa-bay-property-values/2331077

Filed Under: Real Estate

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5811 Memorial Hwy #201
Tampa, FL 33615
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