2015 was another very strong year for foreign investment in U.S. real estate, especially here in the Bay Area and particularly from Asian buyers. The dollar volume of all foreign investment in the U.S. reached $104 billion for the 12 months ended March 2015, up 13 percent from the same period a year ago, according to the National Association of REALTORS®. More than half of that investment went to California and three other states – Florida, Arizona and Texas. No one knows for
Many homeowners are dreaming about improving their home, making it more comfortable and also adding more value to it buy remodeling existing spaces. But which are the improvements that are a good investment if you are thinking about selling in the nearer future?
A continuing inventory shortage may be the primary reason why Bay Area home sales declined in October compared to a year ago, the first year-over-year drop in sales since February. But the limited number of homes on the market has also kept home price moving higher as we edge closer to yearend. CoreLogic, the real estate information firm, reported that that there were 7,673 new and existing home sales in October (the most recent figures available). That’s down 2.4 percent fro