The US Treasury Departments Financial Crimes Enforcement Network (FinCEN) to begin tracking high-end real estate sales! FinCEN Takes Aim at Real Estate Secrecy in Manhattan and Miami “Geographic Targeting Orders” Require Identification for High–End Cash Buyers WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) today issued Geographic Targeting Orders (GTO) that will temporarily require certain U.S. […]
While cash sales are still an extremely important segment of the transactional real estate market, the percentage has been declining! Since the financial crisis the stories of investors swooping in to purchase properties for cash along with foreign buyers from countries such as China and Russia have been common. Add to that mix the fact that tighter […]
Follow @Hallmark Abstract Service About a month ago an article appeared in the Hallmark Abstract Service blog asking the question of whether the housing market rally had run its post-crash course and was in fact topping out (Is the housing market heading up or rolling over? (Guest Post))? If a topping out in the market […]
Follow @Hallmark Abstract Service As housing continues to heal from the financial crisis that had devastated real estate markets around the country, the question then becomes whether at some time we reach a point where affordability becomes an issue! We recently wrote an article here that had provided an interactive chart of the stability of […]
