The international buyer pool dropped to a new low last year

Foreign buyers, either noncitizens living in the U.S. or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports. Continue reading

Moving abroad? Paul Brazell Acosta describes life as an agent in Spain

Interest in European markets, including those in Spain, has been growing in recent years. Expat and real estate broker Paul Brazell Acosta describes the personal and professional life you can expect should you decide to make the move. Continue reading

Ukraine student ends journey with friendship forged in Dallas luxury

When he came to the U.S., Ukraine native Denys Zaitsev couldn’t have anticipated the bond he’d build with Engel & Völkers broker Roxann Taylor — nor the community he’d embrace in Texas. Continue reading

Why the two ‘bombshell lawsuits’ will probably be duds

The certification of the class in Sitzer/Burnett v. NAR is only an initial procedural step in the litigation and there are serious issues with the plaintiff’s complaint, according to coach and author Bernice Ross. Still, however, the industry needs to … Continue reading

Canada tightening mortgage standards as home prices soar

Canada is tightening standards for mortgages over worries about rising home prices, with the Greater Toronto Area, Hamilton and Montréal markets particular causes for concern. Continue reading

Survival of the fittest: What will it take for businesses to outlast this pandemic?

International and historical data shows that as the pandemic spreads and more stringent lockdown measures are put in place, the volume of real estate transactions will drop significantly — up to 90 percent. Although the drop is temporary, only the most… Continue reading

Vancouver real estate board advises members against holding open houses

The real estate board in British Columbia advised members to stop holding open houses to minimize spread of coronavirus. Continue reading

The luxury market ‘is doing just fine’ — even amid shrinkage

Luxury buyers are gravitating away from the grand estate and toward properties with lots of amenities and little maintenance. Continue reading

Chinese real estate giant Juwai strikes deals with North American firms

Juwai.com, a massive real estate portal that is a kind of Zillow-for-China, has struck up a series of partnerships to market properties from high-profile North American companies. Continue reading

NAR’s tech accelerator REACH goes global

REACH — which first launched in 2013 and is part of NAR’s Second Century Ventures investment fund — has worked with dozens of companies over the years including House Canary, BoxBrownie and BombBomb. The goal is to provide promising new companies with … Continue reading