Real Estate News, Tips, Tricks and Hacks

Growth of Property Values

Developing wealth is a hot topic in today’s economy. Some individuals have come to realize one efficient means of developing wealth is through home ownership and real estate. One way to determine this would be looking at the property values over time and monitoring...

Building Permits: A Closer Look

Building permits increased in most markets, but we see fewer permits and more expensive construction in high-priced markets. In the era of limited housing inventory, adding new construction is one of the means to deal with housing affordability issues. At the local...

May 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this May rose modestly 1.1 percent from last month and improved 2.7 percent from last year. May’s existing home sales reached the 5.62 million seasonally adjusted annual rate.  The...

Sources of Income for Real Estate Agents

For entrepreneurs like real estate agents who hustle for their income, every penny counts. Return on investment is important and agents will spend money on technology if it brings in new business. Let’s take a deeper look into the income and how business is generated...

Cheaper Homes Just Got More Expensive

One of the US’s largest banks made a subtle, but important change last month that could have big implications for entry-level homebuyers. That bank raised the cost of mortgages on lower priced homes significantly. If this change is adopted system wide, it could create...

The 5 Biggest Yard and Patio Staging Mistakes

By Amalie Drury, guest contributor Photo credit: Crate and Barrel A great outdoor space is at the top of many home buyers’ checklists. So even if your listing doesn’t include a large lawn or an over-the-top patio, it’s important to show buyers that the home still...

Reach of New Risky Loans Still Modest

Despite reports of a rise in non-QM lending, participants in NAR’s 1st quarter Survey of Mortgage Originators indicated that the non-QM share of the market was anemic. While the non-QM market shrank the share of loans that fall under the “rebuttable presumption” rose...

Instant Reaction: May Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on the dip in residential construction in May: “Housing shortages look to intensify and may well turn into a housing emergency if the discrepancy between...

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