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Monday, December 31, 2018

How to Sell Your Home When You're Underwater on Your Mortgage

How to Sell Your Home When You're Underwater on Your Mortgage: It's no fun selling a home when you're underwater on your mortgage. Being "underwater" is when you owe more on your mortgage loan than your home is worth.

Sunday, December 30, 2018

Confidence in real estate high with Canadian homeowners | Calgary Sun

Confidence in real estate high with Canadian homeowners | Calgary Sun: There is a gap between owners’ and renters’ perceptions about real estate, and, despite roadblocks to ownership, such as the stress test and rising interest rates, a majority of Canadians aspire to homeownership and see it as a major milestone in life.

Saturday, December 29, 2018

Mortgage rate and housing forecast for 2019 | Economy & business | fredericknewspost.com

Mortgage rate and housing forecast for 2019 | Economy & business | fredericknewspost.com: As we hurtle toward 2019, economic uncertainty looms ahead as investors keep a wary eye on trade tensions and wild stock market swings. One key economic driver that’s increasingly difficult to peg is the housing market.

Softer activity in 2018 has set the stage for smaller gains in home prices and mortgage rates in the new year, but make no mistake: both are expected to go up. The question in the minds of homeowners and homebuyers: How much will they go up?

Friday, December 28, 2018

11 Ways Real Estate Investors Can Build Their Network

11 Ways Real Estate Investors Can Build Their Network: Building a network is one of the most important things you can do as a real estate investor. The size and strength of your network will directly determine how many deals you can do, how fast you can make money, how much those deals will cost you to do and what your profits are. Your network can be your target pool you market to.

Wednesday, December 26, 2018

WeWork keeps pushing. Now landlords and rivals are pushing back - Los Angeles Times

WeWork keeps pushing. Now landlords and rivals are pushing back - Los Angeles Times: WeWork Cos. is increasingly stepping on landlords’ and real estate brokers’ turf — and the industry is starting to push back.

The office-sharing giant, valued at as much as $42 billion, is getting a greater portion of its business from the large companies that property owners usually court. It’s also building an investment division to buy its own sites, according to people with knowledge of the matter.
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At the same time, big real estate names such as Blackstone Group and Tishman Speyer are venturing into flexible-space offerings of their own. Brokers, meanwhile, are growing wary that WeWork is cutting them out of deals.

Tuesday, December 25, 2018

Once Hot Housing Market Likely to Cool Further in 2019

Once Hot Housing Market Likely to Cool Further in 2019: A long rally in the housing market stumbled in 2018 and looks poised to slow further, another headwind for a U.S. economic expansion already contending with choppy financial markets and global trade tensions.

Monday, December 24, 2018

Miami real estate is driven by generosity | Miami Herald

Miami real estate is driven by generosity | Miami Herald: A recent report by the National Association of Realtors confirmed something I have always suspected, but could not verify with data: the belief that real estate people are among society’s most generous and philanthropic. This month’s Community Aid and Real Estate (C.A.R.E.) Report outlined the monetary and volunteer contributions that general NAR members at-large, broker-owners, and association executives give to society, and the numbers are striking.

Sunday, December 23, 2018

Housing market predictions 2019: What homebuyers, sellers can expect

Housing market predictions 2019: What homebuyers, sellers can expect: Forget fevered bidding wars and snap home-buying decisions. Slower and steadier will characterize next year's housing market.

That follows a 2018 that started off hot but softened into the fall as buyers – put off by high prices and few choices – sat out rather than paid up.

Affordability issues will remain a top concern going into 2019, exacerbated by rising mortgage rates. But some of 2018's more intractable issues will begin to loosen up. The volume of for-sale homes is expected to rise and diversify, while the number of buyers is forecast to shrink.

Saturday, December 22, 2018

Race, poverty and fair housing: Chicago's landmark Gautreaux case winds down - Chicago Tribune

Race, poverty and fair housing: Chicago's landmark Gautreaux case winds down - Chicago Tribune: Dorothy Gautreaux, an Altgeld Gardens resident and lead plaintiff when the case was filed in 1966, died two years later at age 41. But her activism had helped launch a movement extending beyond the landmark legal battle that originated in Chicago: Her cause, housing fairness, also had broadened the goals of the civil rights movement. The anti-discrimination marches of the Rev. Martin Luther King Jr. had come to embrace equal access to housing as a national cause.

Friday, December 21, 2018

How The Forward March of Technology Impacts Real Estate Transactions

How The Forward March of Technology Impacts Real Estate Transactions: I am constantly asked about how technology affects the real estate industry, a topic that I often speak about at various conferences and events throughout the country. The general answer is that technology impacts the real estate industry greatly, and in a myriad of ways.

Thursday, December 20, 2018

Wednesday, December 19, 2018

NAR: Existing home sales rise again | 2018-12-19 | HousingWire

NAR: Existing home sales rise again | 2018-12-19 | HousingWire: Existing home sales rose in November, ushering the housing market into its second consecutive month of increases, according to the latest report from the National Association of Realtors.

Tuesday, December 18, 2018

U.S. housing starts rise; single-family segment still weak | Reuters

U.S. housing starts rise; single-family segment still weak | Reuters: U.S. homebuilding rebounded in November, driven by a surge in multi-family housing projects, but construction of single-family homes fell to a 1-1/2-year low, pointing to deepening housing market weakness that could spill over to the broader economy.

Monday, December 17, 2018

Home builder confidence hits 3½ year low as housing crunch worsens - MarketWatch

Home builder confidence hits 3½ year low as housing crunch worsens - MarketWatch: A measure of home builder sentiment touched its lowest in more than three years as housing market headwinds gathered steam, and the industry group that compiles the tracker blamed rising mortgage rates.

Sunday, December 16, 2018

The 8 Things You Need To Know To Avoid Losing Money In Real Estate

The 8 Things You Need To Know To Avoid Losing Money In Real Estate: We all know those people who frequently lament their decision to invest in real estate. Constantly blaming the market, or real estate as an industry, they believe the entire process is predicated on luck and timing, an exercise in chance. For people who have lost money investing, it’s easy to sympathize with them-but are their beliefs regarding results being beyond their control actually accurate?

Saturday, December 15, 2018

Some of the hottest housing markets are falling hardest

Some of the hottest housing markets are falling hardest: Home sales have slowed to a crawl nationally, and it's not just the winter temperatures. The market's pulse has become weaker, especially in areas that were hottest just last spring. In November, just 32 percent of offers written by Redfin, a real estate brokerage, saw multiple offers. That is down from 45 percent in November of last year.

Top Real Estate Opportunities At Home And Abroad In 2019

Top Real Estate Opportunities At Home And Abroad In 2019: With interest rates rising, real estate is expected to cool off in 2019. But it will stay hot in selective markets, both at home and abroad. That’s according to real estate experts who identify investment opportunities both at home and abroad.

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.