Despite a lack of housing inventory and fierce competition in the real estate industry, there are a lot of people who still want to be Realtors. According to the U.S. Bureau of Labor Statistics, jobs in real estate are expected to continuously grow by 6% through 2026. That means seasoned Realtors an...
Semantics are alive and well with real estate. You either buy, or you invest. Right? Well, let’s admit there is a slight nuance here. You plan to live in what you “buy,” but the idea of investing carries the connotation of renovating and making a quick buck. Today’s consumers are much mor...
When we think of new home designs, we generally don’t think of what apartments look like or live like inside. Two different animals, right? But the truth of it is, although single-family and multifamily builders are not so much siblings as second cousins, there is a lot that is similar about them, ...
It’s happening right under our noses, but few of us know it. The newest commercial parking facilities are being designed with autonomous cars in mind — the ones that drive themselves. Some developers are even going so far as to explore ways to repurpose existing parking garages. The question follow...
Big demand. Small inventory. Spring homebuyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer, according to news reports. Spring is traditionally the busiest time of year to buy a home, but this year listings are getting snapped with lightning speed as ...
It’s terrifying but it’s true. One minute you think you own a property and the next, it has been recorded in someone else’s name. Fraud in real estate is alive and well, with authorities all over the country saying homes are illegally taken without owners’ consent. Because of the ever-growing...
There are few more interesting real estate investments than home flipping — seeing an older or run-down piece of property find a fairy godmother to make it beautiful again and then being sold in several months’ time. According to a report in Realtor.com, home flipping activity is increasing across t...
The dictionary’s definition of the word incentive reads “a thing that motivates or encourages one to do something.” It’s also a word used by new home builders to encourage buyers to use their preferred lender by tying a certain amount of “play money” to the equation. These are funds can be applied t...
Okay. It may sound bureaucratic and boring. But there are a number of precautionary contractual conditions for any purchase agreement recommended by the Realtor community that protects homebuyers from liability as well as poor decision-making. And no matter how competitive the bidding for a home, th...
For decades, now, we have been dealing with humans being replaced by streamlined processes or machines that end up making them dispensable. But what about eliminating the friendly face at the front door there to appraise your home? It appears appraisers may no longer be required to get formal proper...(1)
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