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This Is What Real People Are Doing to Get an Edge in Bidding Wars
Source: Apartment Therapy --- Summer has always been a busy time for the real estate market, but thanks to an unusually low level of inventory and an overwhelmingly high demand for homes, it’s basically been summer since last March. This is bad news for buyers who...
Why This Is Not Like 2008 Again
Source: Keeping Current Matters --- During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into...
Homes With High Flood Risk Are Selling for Nearly $50,000 More Than Low-Risk Homes as Pandemic Buyers Chase Waterfront Properties
Source: Redfin --- The typical home with high flood risk sold for $402,010 in the first quarter—a 14% premium over the typical home with low flood risk. That’s double the premium we saw before the pandemic. The median sale price of homes with high flood risk was...
Growth in Mortgage-Rate Locks For Second Homes Dropped to Pre-Pandemic Levels in May
Source: Redfin --- Though mortgage-rate locks for second homes were up nearly 50% year over year in May, the growth rate is returning to pre-pandemic levels as high prices and tighter lending rules make vacation-home buyers think twice. The number of buyers who...
The Risk In Real Estate: Six Types To Evaluate Before You Invest
Source: Forbes --- If you’re new to investing in real estate, don’t get seduced by a sexy-looking building or great projected returns. To ensure a higher rate of success, understand the basic elements of the offering and then decide if it’s right for your investment...
Investors’ Guide To Preferred Equity In Multifamily Real Estate
Source: Forbes --- In the volatility of today's economic climate, many investors are looking for stable and consistent returns with low exposure to risk. Preferred equity is a special financing structure that provides investors the opportunity to achieve consistent...
