Inside this issue
  Survey Says ... Past year brought foreign decline in U.S. real estate  
 

NAR's Profile of International Transactions in U.S.
Residential Real Estate 2019 released last week 

A decline in global growth and low housing inventory contributed to a drop in foreign investment in U.S. residential real estate over the past year. This is according to an annual survey of residential purchases from international buyers, released last week by the National Association of RealtorsĀ®, which found that foreign buyers purchased fewer U.S. existing homes from April 2018 through March 2019. Global economic growth, which increased in 2016 to 2017, slowed to 3.6% in 2018 and is on pace to taper to 3.3% in 2019.

NAR's Profile of International Transactions in U.S. Residential Real Estate 2019 revealed that foreign buyers purchased $77.9 billion worth of U.S. existing homes from the 2019 survey reference period, a 36% decline from the level reached in the previous 12 months ($121 billion). Click here to continue reading and to view the full report.

 

Top

  10 best US cities for first-time homebuyers to invest  
 

Las Vegas comes in at #2 on Business Insider list

First-time homebuyers account for nearly half of all homebuyers and are more likely than veteran homebuyers to go over their budgets.

But not every market is filled with competitive prices and low inventory. There are many markets - such as Tampa, Florida and Las Vegas, Nevada - that offer first-time homebuyers low down payments in desirable locations. If homebuyers are able to pinpoint and understand current market trends, these markets can be easy to navigate through. Click here for more details and to see the Business Insider list.

 

Top

  Moving is the worst, these tips can make it better  
 

The idea of moving can sound like a great adventure, but for most people, the actual process of moving is a giant headache, or much worse. In fact, a lot of people equate it to some of life's biggest annoyances.

In a recent Comcast Xfinity survey, 19% of respondents said they would rather get a root canal than spend the day moving, and nearly half would choose sitting next to a screaming baby on a one-hour flight over packing up their place. Click here to read the full story and pick up some tips from Realtor.com.

 

Top

  LAST CHANCE: Inman Connect discount offered to NVR members  
 
Annual event kicks off this week in Las Vegas
For the first time ever, Inman Connect is coming to Las Vegas for a week-long exploration of residential real estate, present and future. The event will feature inspiring speakers, engaging conversation and A+ networking. As a valued member of Nevada REALTORS, we want you to join us! Use code NVAR19 at check out to save 10% on ANY Connect Las Vegas ticket. Click here to use the discount code and register.
 

Top