Friday, October 16, 2015

Strong dollar slows foreign buyers, creates opportunity for US buyers!

While the strong dollar has slowed new condo sales by foreign buyers, prices continue to rise driven by the demand for “live/work/play” urban proximity. Rental prices are also rising as people seek a lifestyle less dependent on the daily commute. A few developers are attracting more US buyers by reducing deposit requirements from 50% to 30% for their remaining unsold units.

Friday, October 2, 2015

New TRID Disclosure Regulations Take Effect 10/3/15

New Disclosure regulations take effect tomorrow (10/3/15) that affect all real estate contracts that become effective as of tomorrow. Here's a video that explains the changes.