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Friday, December 14, 2018

The 2018 Real Estate Advice You'd Better Not Miss | realtor.com®

The 2018 Real Estate Advice You'd Better Not Miss | realtor.com®: Navigating the home-buying and -selling process is kind of like diving into "Game of Thrones" for the first time: People speak in a language you don't quite understand. There's backstory you should research before you get started. And ideally, you'd have someone by your side who knows what's coming and who can guide you through the experience.

Thursday, December 13, 2018

What Landlords Need To Know About Selling A Tenant Occupied-Property

What Landlords Need To Know About Selling A Tenant Occupied-Property: The time has come to sell your tenant-occupied property. As a landlord, you care about your tenants and want to show them respect. Although the house they are living in is yours to sell, you always want to keep their best interest in mind throughout the sales process, as an angry tenant could slow down the selling process significantly. It is also important that you abide by the terms of the lease and do not violate any tenant agreements you have made.

Wednesday, December 12, 2018

Market correction or midterm speed bump? Here’s what real-estate agents are saying about the housing market - MarketWatch

Market correction or midterm speed bump? Here’s what real-estate agents are saying about the housing market - MarketWatch: The sharp downturn in the U.S. housing market over the past few months wasn’t much of a surprise, given how out of whack the market had become. The bigger question now for anyone interested in housing is: what next?

Every month, analysts at Credit Suisse publish a survey of real estate agents in about 40 metro areas. Their observations are occasionally local, but often big nationwide trends can be gleaned.

In November, just about everyone was hopeful for a spring rebound. Perhaps more surprising was that many respondents said one was already beginning, with the midterm elections in the rearview mirror. Some long-running trends persisted – inventory is nonexistent at affordable price points – and some new ones appeared – international buyers aren’t showing up to the coastal cities where they once flocked.

Tuesday, December 11, 2018

Five Ways A Busy Professional Can Use Leverage To Become A Real Estate Investor

Five Ways A Busy Professional Can Use Leverage To Become A Real Estate Investor: We live in a world of specialization. There are legal, medical, engineering and many other specialists. These experts spend a significant amount of time and intense study to become well-versed in their fields. This sometimes creates a blind spot when it comes to investing for retirement. That blind spot can fool someone into thinking that they will always be able to create income with specialized skills. It can also lead to financial apathy, causing retirement planning to become an afterthought, and left to someone else to manage. This can be a great gamble.

Monday, December 10, 2018

Real estate: Tiny home on 6.8 acres in rural Williamson has potential buyers buzzing

Real estate: Tiny home on 6.8 acres in rural Williamson has potential buyers buzzing: Realtor Tony Carletello has been in real estate for 20 years and has sold thousands of houses throughout his career.

But the most active listing he’s ever had is a modest 6.8-acre tract of land on rural S. Lick Creek Road. To look at the photos of the “home” on the property, you might not immediately think this would be a highly sought-after listing.

If you look more closely, you realize it’s nearly 7 acres of land in Williamson County for less than $100,000, which makes it a very hot commodity.

Sunday, December 09, 2018

As Markets Tank, These Real Estate Investment Trusts Hit Higher Highs

As Markets Tank, These Real Estate Investment Trusts Hit Higher Highs: Real estate investment trusts -- also known as REIT's -- outperformed the markets by a wide margin last week. As a matter of fact, while many big stocks were hitting yearly lows, some REIT's managed to establish higher highs. These stocks vary widely when it comes to underlying financials. Some have high p/e's and low dividend yields and others have low p/e's and high yields.

Saturday, December 08, 2018

Real Estate Brokerages Are Building for Good - Barron's

Real Estate Brokerages Are Building for Good - Barron's: Real estate brokerages are in the business of selling property. But high-end firms are now working to build homes for people in need, both locally and globally, through partnerships with nonprofit organizations.

Companies that donate a portion of their revenue to charities fare better financially than those that don’t, according to the Committee Encouraging Corporate Philanthropy. And engaging employees in these efforts is said to boost workplace morale.

Friday, December 07, 2018

Housing market slowdown could be bad news for renters - Business Insider

Housing market slowdown could be bad news for renters - Business Insider: As the housing market cools down across the US, economists say rental prices could be set to rise.

Declines in residential-construction activity and rising interest rates are expected to compound historic housing shortages across the country, pricing an increasing number of Americans out of the market. Meanwhile, reduced mortgage-interest deductions and new caps on state and local tax deductions have reduced incentives for Americans to own homes.

How The Headlines Could Cause A Housing Market Crash

How The Headlines Could Cause A Housing Market Crash: In mid-2015, New York City made headlines for hosting two condominium developments offering, in addition to a variety of ultra-luxurious amenities, the extremely rare bonus feature of on-site parking. The price tag attached to what DNAinfo referred to at the time as the new “ultimate status symbol” was a cool $1 million. One building offered three of these spaces as add-ons in conjunction with a penthouse purchase, while the other had a handful available on a first-come, first-served basis. It was just one more piece of evidence to the collective population that you really cannot go wrong with New York City real estate.

Thursday, December 06, 2018

Fewer Americans are flipping homes — and that’s a bad sign for the housing market - MarketWatch

Fewer Americans are flipping homes — and that’s a bad sign for the housing market - MarketWatch: In total, 45,901 single-family homes and condos were flipped during the third quarter of 2018, a 12% decrease from a year ago, according to a new report released Thursday by real-estate data firm Attom Data Solutions. That is the lowest number of homes flipped in a quarter since the first quarter of 2015.

Wednesday, December 05, 2018

Tax Changes For Self-Employed Real Estate Agents And Business Owners

Tax Changes For Self-Employed Real Estate Agents And Business Owners: The Tax Cuts and Jobs Act (TCJA) has created a lot of uncertainty as well as a lot of opportunity in the tax world. This is especially true in the real estate industry. Let’s take a look at the major provisions that will affect tax liabilities for real estate agents, property managers and real estate investors.

Tuesday, December 04, 2018

Home builders drop, after Toll Brothers says the housing market is “softening further” - ETF Daily News

Home builders drop, after Toll Brothers says the housing market is “softening further” - ETF Daily News: From Tomi Kilgore: Shares of home builders took a broad beating Tuesday, after luxury builder Toll Brothers Inc. confirmed investors’ fears by saying it witnessed the housing market “soften further” in November, especially in California, because of reduced affordability and fewer foreign buyers.

Monday, December 03, 2018

Luxury condo developers hope a ‘kids concierges’ and IMAX will lure families - MarketWatch

Luxury condo developers hope a ‘kids concierges’ and IMAX will lure families - MarketWatch: These amenities aren’t kidding around.

Luxury real-estate developers in cities including New York, Miami and Los Angeles are designing buildings with a surprising thing in mind: children. Experts say that luxe, child-friendly amenities are all the rage in family-friendly neighborhoods like Tribeca and the Upper East Side in Manhattan, Manhattan Beach in Los Angeles, and Key Biscayne in Miami.

Sunday, December 02, 2018

Austin to remain a hot housing market in 2019, according to Trulia - Austin Business Journal

Austin to remain a hot housing market in 2019, according to Trulia - Austin Business Journal: Austin is one of the top housing markets to watch next year, according to a Nov. 29 report from real estate website Trulia Inc.

The analysis highlights 10 metros poised for meteoric growth in 2019. Austin ranks No. 5, behind Colorado Springs, Colo.; Grand Rapids, Mich.; Jacksonville, Fla. and Bakersfield, Calif. Only one other Texas city, El Paso, made the list at No. 9.

Saturday, December 01, 2018

Metro Seattle home prices falling at fastest rate in U.S. | The Seattle Times

Metro Seattle home prices falling at fastest rate in U.S. | The Seattle Times: It was just this spring when Greater Seattle led the nation in home-price increases. Now, prices here are falling faster than anywhere.

Single-family home costs across the Seattle metro area declined 1.3 percent in September from a month prior, according to the Case-Shiller home-price index, released Tuesday. That follows a 1.6 percent drop the month before, and a 0.5 percent drop the month before that.

Friday, November 30, 2018

Mobile Home Residents Are Trying to Save Affordable Housing | Time

Mobile Home Residents Are Trying to Save Affordable Housing | Time: Maribeth Sheedy got a letter from her new landlord the day after Christmas last year. So did many of her neighbors at Akron Mobile Home Park in Akron, New York, a rural village 25 miles northeast of Buffalo. The park’s new owner, Florida-based Sunrise Capital Investors, was proposing a rent increase of more than 40 percent starting in the spring. Anyone who couldn’t pay $425 per month would be evicted.

“We all scratched our heads,” Sheedy, 45, recalled on a steamy afternoon in September. The mother of two sat in a folding chair in the garage attached to her double-wide manufactured, or mobile, home shushing her 12-year-old Pomeranian

Thursday, November 29, 2018

Convexity Properties luxury student complex open to blockchain - Business Insider

Convexity Properties luxury student complex open to blockchain - Business Insider: A luxury student complex in the US will soon see its value moved onto a blockchain, reports Fortune. Investors in the US will be able to purchase a piece of the complex, owned by Convexity Properties, in the form of blockchain tokens. The redistribution of the value of an asset this way is called tokenization.

Wednesday, November 28, 2018

Investing 101: 10 Essential Tips For New Real Estate Investors

Investing 101: 10 Essential Tips For New Real Estate Investors: After all, it’s one of the largest and most regulated sectors of the U.S. economy, accounting for approximately $30 trillion. As with most things in life, however, once you get over the initial hurdle of getting started, opportunities begin to present themselves and everything becomes clearer with time.

What I've learned over my career may help you in your real estate investment journey and hopefully provide the impetus new investors need to take the first exciting step.

Monday, November 26, 2018

To Build Better Customer Relationships, Look At Real Estate Like Dating

To Build Better Customer Relationships, Look At Real Estate Like Dating: You wouldn’t propose immediately upon matching with someone on a dating site or bring up possible kids’ names on a first date, would you? Of course not — expecting that kind of commitment (or even the mere consideration of it) would be silly. You’d scare that potential love interest away in seconds.

Sunday, November 25, 2018

Denver Lakehouse project using virtual reality to sell real estate

Denver Lakehouse project using virtual reality to sell real estate: Picture this: You’re interested in buying a new condo but the building is still being built. The drywall isn’t even hung yet. Before you sign on the dotted line and commit to a major investment, you want to see more. What will the countertops look like? How’s the view?

Forget two-dimensional renderings and floor plans. Just pick up a tablet or strap on a pair of virtual reality goggles and get a complete 3-D look around the condo that could be yours. Switch between floor plans and finishes to get a sense of what you’re getting down to the digital inch.

That process is playing out every week in the sales office for the forthcoming Lakehouse condo building at 4202 W. 17th Ave. in Denver.

Saturday, November 24, 2018

In an uncertain real-estate market, try before you buy | The Seattle Times

In an uncertain real-estate market, try before you buy | The Seattle Times: Not too long after Tom Porth sold his business this year, he went to Colorado for a ski vacation. He had worked in different capacities for the Village Inn restaurant chain for four decades, ultimately owning nine restaurants, and he was eager for retirement.

Friday, November 23, 2018

Six Ways The Real Estate Industry May Change In The Next Few Years

Six Ways The Real Estate Industry May Change In The Next Few Years: The real estate industry is one market that is embracing technology at a steady pace, and buyers and sellers are starting to reap some of the rewards of these changes. Streamlined processes can, for instance, allow people to buy a property without having to be physically there to do so, or tap into larger amounts of valuable — and understandable — data, something that can help buyers find and track properties they're interested in, or help agents best reach their clients.