New Zealand is set to introduce a ban on foreigners buying existing homes in the country, due to a housing affordability crisis that’s come about as a result of soaring real estate prices. The nation’s prime minister elect Jacinda Ardern told reporters that: “We have agreed on banning the purchase of existing homes by foreign buyers,” adding […]
Tag: buying
9 Things To Consider When Buying A Vacation Home
Buying a vacation home is a big decision so don’t rush it One of the biggest investments a great number of people will ever make is their personal residence. Therefore, when it comes to buying a vacation home there are even more things to consider. For some, it is a rite of financial passage of being […]
Seattle’s home buying activity heats up despite the coronavirus pandemic
Despite its reputation as ground zero for the coronavirus pandemic in the U.S., Seattle is yet to see a slowdown in home buying activity, even though most of the city is subject to stay-at-home orders. Indeed, the city is seeing an encouraging level of home purchases this year, with bidding wars and all cash offers […]
24% of consumers embrace virtual home buying
Real estate professionals might be forgiven for thinking the coronavirus pandemic would hit their businesses hard, but instead, it seems that consumers are more than willing to embrace online listings, detailed photos and virtual tours of the homes they’re interested in. In fact, many are quite willing to put down an offer on a home, […]