Introduction: Real estate investing holds the promise of wealth, passive income, and tax benefits. It has provided me the funding to travel the world, give my children incredible lives, and support causes important to me. But real estate investing is not without its risks. Before diving into this lucrative venture, it’s crucial to lay down […]
Americans are seeking smaller homes. The average size of homes purchased in the past year has dropped 18%, the lowest since 2010. To compensate for the smaller spaces, here are eight features that have become hot among home buyers. 1. Efficient Use of Limited Square Footage: Buyers are seeking to maximize every inch of their home through smart storage spaces, open […]
Women are pulling ahead of men financially in one important way of building wealth: Homeownership. According to a study by LendingTree, single women own 2.7 million more homes than single men. Approximately 13% of these women hold the titles to their homes, while the figure is 10% for men. A home for most people is […]
The Millennial generation, born between 1981 to 1996, has among the lowest homeownership rates since the 1920s. The reasons vary, but the greatest factor has been affordability. The Millennial generation has the highest student loan debt in US history. If you combine that with the high prices and interest rates, it has created the least […]
Real estate highlights the evolving preferences and needs of homebuyers and homeowners. Here’s a summary of the key trends for 2024: 1. Homeowners Staying Put: High interest rates and low inventory are prompting homeowners to stay in their current homes longer. Remodeling and updating focus on sustainable features, accessory dwelling units, pickleball courts, remodeled basements, […]
The winter holidays are ideal times for first-time buyers looking to purchase a home. There are fewer buyers competing for the homes, and the bidding wars are less frequent. Since most sellers prefer selling in the spring or summer, those selling their homes in the winter are typically more motivated to sell. Here are some […]
The winter real estate market is here. The holidays are upon us. There is cheer and joy everywhere! But for sellers, November and December can be the slowest months of the year to sell a home. If you are selling at this time, you want to do everything to attract a buyer. Here are some […]
When hiring an investor-friendly real estate agent, it’s essential to ask the right questions. Purchasing investment properties is a distinct venture, and not all real estate agents are equipped to assist with it. To help you make an informed decision, here are 17 questions you should ask a potential investor-friendly real estate agent: 1. Are […]
The decision to move to a different city can occur for many reasons, but if you’ve recentlyexperienced a particularly low point in your life and are looking to start fresh, the process can bea little formidable. However, organizing and planning are essential in making sure everythingruns smoothly during this time of transition. To make things […]
The National Association of Realtors just released updated information on buying trends over the past twelve months. Here are the five biggest changes. 1. Fewer First-Time Home Buyers Historically, first-time buyers make up 40% of the home-buying market. However, over the past twelve months, that number has dropped to only 26%. The primary reason for the […]
