5,254,045
No but, I do hope that the media reads this and sees that they are playing a big part in turning other nations against our great nation. They are doing so to the point of our economic detriment, pushing international buyers away.
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Peter Testa
Danbury, CT
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Kathleen Daniels, Prob...
San Jose, CA
-
Mary Yonkers
Erie, PA
-
Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
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Bob "RealMan" Timm
Minot, ND
-
Carol Williams
Wenatchee, WA
3,416,038
I do not see many foreign buyers here in NH. My cash buyers have not slowed but increased. I find many news articles in real estate to not really apply to the real world.
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Carla Freund
Raleigh, NC
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
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Greg Large
Grove City, OH
-
Carol Williams
Wenatchee, WA
2,400,199
#2 might effect my Notary business as the bulk of my work is remote closings and re-fi's Annette Lawrence , Palm Harbor, FL 727-420-4041
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Kathleen Daniels, Prob...
San Jose, CA
-
Mary Yonkers
Erie, PA
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Dan & Laurie Pittsenba...
Bellingham, WA
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Richard Bazinet /MBA, ...
Scottsdale, AZ
5,112,471
In Charlotte, I rarely deal with foreign buyers.
Don't know why Americans owning their homes free and clear would impact my business... I've seen that number for several years now. What's new about it that would impact my business? In recent years, I've only had one seller who had no mortgage. And when we sold her property and she purchased a new one she did get a mortgage, albeit a small one.
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Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Mary Yonkers
Erie, PA
-
Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
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Bob "RealMan" Timm
Minot, ND
2,456,409
Our market doesn't get foreign buyers so nothing will change with #1.
Re: #2. Very few people here own their own homes free and clear. I suspect if they did, they may be more interested in selling/buying something else, buying investment properties, or the like. So maybe I'd consider focusing some attention on them.
But for me it will be #3.
And I'm not feeling brilliant today so no #4.
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Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
1,513,143
As you have said it will be business as usual!
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
-
Carol Williams
Wenatchee, WA
7,863,498
Nope.
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Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Dan & Laurie Pittsenba...
Bellingham, WA
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Bob "RealMan" Timm
Minot, ND
3,349,414
As far as I can tell without my crystal ball #3.
I do not see any evidence of a decrease in foreign buyers.
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Peter Testa
Danbury, CT
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Bob "RealMan" Timm
Minot, ND
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Kathleen Daniels, Prob...
San Jose, CA
1,201,477
The simple answer is No & #3
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Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
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Doug Dawes
Topsfield, MA
1,241,754
It is true the Chinese are not coming to the US west coast since 2018 for different reasons. Homes in Seattle, Palo Alto etc are not moving. No cash buyers. The reason they often pay in cash is they do not have established credit to get a mortgage.
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Carla Freund
Raleigh, NC
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
1,206,361
no, not at all.
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Bob "RealMan" Timm
Minot, ND
-
Mary Yonkers
Erie, PA
-
Doug Dawes
Topsfield, MA
469,510
My biz plan is not changed by news stories especially on the national level - changes are made based on my production results.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
716,529
Nope. Biz as usual.
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
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Bob "RealMan" Timm
Minot, ND
1,712,776
No.
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
902,038
Business as usual.
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
225,526
#3
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
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Bob "RealMan" Timm
Minot, ND
1,153,794
Neither will have an effect on our market to any measurable degree. I've got my own numbers to disseminate.
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
5,583,328
it's without a doubt #3 for me....
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Doug Dawes
Topsfield, MA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
1,231,853
Thanks for the news Annette Lawrence , Palm Harbor, FL 727-420-4041
I am just happy to be one of the 2's.
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Bob "RealMan" Timm
Minot, ND
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Kathleen Daniels, Prob...
San Jose, CA
1,506,023
I have yet to have a foreign buyer for any of my listings (despite the tour bus getting out once at one of my open houses... no joke), so them being up or down is of no consequence to me.
Debt free homes... just about every tool out there touts those as being a likely group to move. In my experience, most of them are very happy to stay put. They may buy a vacation house out of state (or out of the country), but they aren't moving. It won't impact my targetting any.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
2,071,025
What is wrong to have debs free homes?
A lot of our buyers - from USA buy property without mortgage these days.
And most of them +- 60 years old.
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,598,452
For sure, we have less showings in July.
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
6,418,126
Have you seen many of those WV free and clear homes?
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Peter den Boer
Woodstock, GA
1,078,091
1. No, there was a huge foreign influx for a couple years, but with slowing appreciation and overseas laws making investing here more difficult, that trend is over for now.
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Bob "RealMan" Timm
Minot, ND
2,162,998
Foreign buyers may be down somewhat but on the flip side, foreign sellers may be up depending on their home country. It all has to do with motivation and currency exchange rates.
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Bob "RealMan" Timm
Minot, ND
5,877,335
4,960,530
1,323,054
My brilliant observation is "business as usual" and not swayed by every new wind that blows.
759,485
Neither of these #'s will compel any changes in my business expenditures.
855,769
906,197
647,370
5. Like #3, neither do Business as usualbut not due to not focusing on these segments but already have these covered in my marketing.
5,239,671
1,728,156
5,772,587
Annette,
We take all stats with a grain of salt, sometimes you need a bucket of salt. A
5,060,544
No, business as usual I think. I did see a note that San Diego has the 6th highest average mortgage debt of major metropolitan areas. No surprise.
715,782
We deal with cash buyers all the time - happy to have them. Foreign buyers are not common in our market.