Month: May 2015

Foreign Money is Pouring into U.S. Real Estate, and it’s not Just Houses

Today, the real estate market is experiencing record cash sales from international buyers who are gobbling up large chunks of property. Through the first quarter of 2015, commercial real estate transactions increased by 45 percent. One of the most significant deals occurred as General Electric Company sold approximately $23 billion in assets to Wells Fargo & Co. and Blackstone Group

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Pending Home Sales Highest Since June 2013

Optimists believe spring will be a good time for the real estate market. As reported by “The National Association of Realtors,” momentum is building, and the Pending Home Sales Index is increasing. March was the third straight month that enjoyed a positive upswing. The index is currently at its highest level since June 2013. Positive attitudes in the real estate

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