Category: Impac Mortgage Announcements
In mid-November, the National Association of Realtors gathered for a conference in San Diego to discuss where the housing market is headed in 2016. Economists discussed both the advantages and limitations that a buyer or mortgage investor could face in the upcoming year. The major takeaway: Despite growing concerns for rising property costs, home sales are expected to continue rising, albeit more slowly, in 2016.The forecast The star of the conference seems to have be
Foreign investors have been a huge part of the U.S. housing market's recent growth, and they will remain a major force despite shifting economic conditions that could bring more domestic buyers into key markets.
When it comes to foreign investment in U.S. homes, one country stands above the rest: China. Investors from China purchase more U.S. homes than any other foreign national group and the total dollar value of their purchases far exceeds the investment from other nations.