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Oregon ban on real estate ‘love letters’ blocked by preliminary injunction
Source: OPB --- A federal judge on Friday granted a preliminary injunction that prohibits Oregon from enforcing a law against “love letters” to home sellers. In his court order, District Judge Marco A. Hernández says Oregon’s House Bill 2550 “likely violates” the...
12 Reasons Not to Use a Corporation for Real Estate Investing
Source: The White Coat Investor --- Many who get into direct real estate investing wonder how they should take title of the property. They worry about liability and they know that corporations can help protect their owners from liability, so they consider putting the...
The Most Expensive U.S. Real Estate Sales For 2021
Source: Forbes --- Adrop in luxury housing inventory and increased buyer demand drove the high-end real estate market to record prices in 2021, with several sales in the United States eclipsing the $100-million mark. As the pandemic continued, the ultra-wealthy sought...
How Smart Home Technology Can Be a Selling Point
Source: House Logic --- You often judge a house by it’s good looks. But guess what? Now you can also judge it by its IQ. Long-buzzed about smart home technology — think smart thermostats, smart lighting, and app-controlled security systems — are moving into more...
Gender plays role during Raleigh’s real estate boom, data shows
Source: WRAL --- RALEIGH, N.C. — Kellie Corwin bought her Raleigh home last summer. "It was stressful," Corwin said. She and her partner were renting the home when they began their housing search. After opportunities fell through, they talked to their landlord and...
Why So Many People Became Real Estate Agents in the Pandemic
Source: The New York Times --- In March 2020 when the pandemic hit, the restaurant where Amy Bieganek was working as a waitress announced a temporary closure. By August, it turned into a permanent one. Unemployment was a shock for Ms. Bieganek, 53, who had been...
Macau Residential Buyers Taking a Wait and See Attitude
Source: World Property Journal --- Global property consultant JLL reports that due to repeated epidemics, economic downturns and high unemployment rate in Macau in 2021, property demand decreased as most of the potential buyers tended to wait and see. Coupled with the...
Here’s What Real Estate Agents Really Think About Your House
Source: Realtor --- As a real estate agent, I’d say one of the most exciting parts of my job is when home sellers invite me over so we can chat and see whether we’d like to work together selling their house. In the current seller’s market—where demand outpaces...
Man admits real estate rental fraud
Source: Journal Record --- NEWARK, N.J. – An Indiana man has pleaded guilty to running a real estate fraud scheme that persuaded investors to buy rental properties, then lied to them about the properties’ condition and whether they were even being rented. Herbert...
The Typical U.S. Home Changes Hands Every 13.2 Years
Source: Redfin --- The typical American homeowner in 2021 had spent 13.2 years in their home. That’s down slightly from the peak of 13.5 years in 2020 but up significantly from 10.1 years in 2012. The data in this report is from a Redfin analysis of median homeowner...
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