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In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price
Source: Keeping Current Matters --- For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure...
In a Seller’s Market, Sell the Buyer
Source: Scotsman Guide --- Here’s a line slung around a lot in the past year: “These are unprecedented times.” But it’s absolutely true in the sense that the mortgage industry is facing the biggest housing inventory shortage in decades. In the past, there have been...
Does The Biden American Families Plan Spell Trouble For Real Estate?
Source: Forbes --- Does President Biden’s recently announced American Families Plan spell big trouble for the real estate market? To better understand the ramifications of this potential bill, let’s take a look at the specifics. Broadly speaking, the American Families...
Why You May Want To Cash in on Your Second Home
Source: Keeping Current Matters --- When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large...
Why we can’t build our way out of this hot housing market
Source: Housing Wire --- During the previous economic expansion from 2008 to 2019, the housing market was subject to the constant refrain of build more homes. Building more homes, it was said, would solve all sorts of social problems, from making homeownership more...
Think Like an Accountant
Source: Scotsman Guide --- Commercial mortgage underwriting is usually discussed in terms of asset performance, such as rents, occupancy, expenses, valuations and debt loads. But we can’t forget that traditional lenders, especially banks, also are evaluating the...
