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Why Would a House Not Get Any Offers In Today’s Market
There's no doubt that today's real estate market is...difficult. Homes are spending an outstanding 75 days on the market, up from a low of 31 days set in May 2022. This is the longest time on market since February 2020. Days on market is a metric that tracks the time...
Important Deadlines in a Real Estate Purchase Contract
Understanding the real estate process can be challenging. There are numerous moving parts, and no one transaction is ever the same, which means you must constantly learn new material. To truly become a good agent, you must learn the real estate purchase deadlines,...
Additional Reading: Realtor Tools & Insights
How a Houston real-estate agent who closed $28 million in deals in 2022 turned her broadcast news layoff into a lucrative new career
Source: Insider --- Before she was a successful real-estate agent closing on nearly $28 million in deals in 2022, Lily Jang was a news anchor for KHOU-TV in Houston. She never would've left the broadcasting world, she told Insider, had the TV station not gone through...
Realogics Sotheby’s International Realty Releases 2023 Forecast Report
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what's occurred so far in Q1 for 2023 and are focused on where...
Credit Suisse Suspends Real-Estate Fund Payouts as Investors Exit
Credit Suisse suspended payouts for its $3.5 billion real estate fund as investors sought to pull out their money and cap losses in the dwindling property market. The valuation of real estate properties has declined in recent months after a series of jumbo interest...
How To Start A Real Estate Empire With Only $12,500
Source: Forbes --- If you’re not currently a homeowner or haven’t purchased your first multi-residential property, you may still have hopes of building a multi-million or billion-dollar real estate portfolio. Yet that goal appears to be far-fetched amid a global...
How To Purchase Your First House Without Overspending
Source: Tamp AFP --- Purchasing your first house is a thrilling experience, but it can also be expensive. That isn’t to say that you need to let go of your life savings to secure a home. It is essential to acquire the right information so you can make the right...
Hall Financial: Why refinancing can increase your home equity
Source: F --- As a homeowner, you've worked hard paying off the mortgage on your house and updating it when you can. Now it's time for the house to work for you! Low rates mean there's a bit more equity in your home, which is an opportunity to use that equity to put...
How Much Should I Spend On My First Home?
Source: Daily Voice --- One of the biggest questions for first-time homebuyers is, "How much can I afford?" Before you start looking for a home, you should absolutely have your budget in mind. You don’t want to fall in love with a home that’s out of your price-range...
Never Lose Money: How To Follow The No. 1 Rule In Real Estate Investing
Source: Forbes --- We’ve all heard the saying, “The number one rule in real estate investing is to never lose money.” So, as a real estate investor, how can you ensure you make the right investments? Well, it all starts with understanding the specific category of...
Real estate outlook for the upcoming year
Source: 13NewsNow --- Buying a home in 2021 has been nothing short of frustrating; inventory has been down, prices have been up, and in many cases, you can’t even wait a day before a prospect is gone. The U.S. housing market has gotten so out of whack -- with demand...
Reasons Why You Might Need to Hire a Real Estate Lawyer
Source: SFLCN --- If you are looking to buy real estate in the near future, it is important to know that these transactions can be complicated. Many people will need an attorney to help them through the process for a number of reasons. For example, real estate lawyers...
Why It’s So Important to Pay Off Your Credit Cards Before Applying for a Mortgage
Source: Fool --- Buying a home? It's best to apply for a mortgage once you're free of credit card debt. Your goal in getting a mortgage should be to not only qualify for a home loan but also snag the lowest interest rate possible. But if you have too much credit card...
What to do when you inherit property that’s in bad shape
Source: BankRate --- Not every inheritance is a windfall. Sometimes inherited property needs a lot of attention such as deferred maintenance issues. If you’re now responsible for a home that’s seen better days, here’s what you need to know. Most common issues with...
Planning tips for first-time homebuyers: Is it wise to buy now or wait? | Brian Loy
Source: RGJ --- Historically, young adults in their 20s and 30s were at the best age for buying their first homes. Nowadays, people ranging in age from 25 to 40 are facing first-time homebuying challenges. At today’s high prices, is it a wise decision to buy? What...
