How To Get Started With Real Estate Investing

Today, most of the population aims to attain financial freedom as early as possible in their lives. They’re looking for every possible way to make extra income and profit. One way of earning extra income is by investing. Investing means putting money into a venture, such as property or stocks, to earn profits. A popular

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The Best Tips for Finding a Home Virtually

Would you buy a home you’ve never seen in person? That’s exactly what more and more home buyers are doing, thanks to changes in the real estate industry brought on by COVID-19, and the rapid development of sophisticated technology that makes shopping for a home through virtual tours a new normal.  Virtual home tours are

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San Jose announces tiny homes initiative to house city’s homeless

San Jose’s city council has approved a number of new “tiny home villages” that will provide housing for homeless residents of the city, but it’s expecting to face a backlash from worried neighbors who oppose the projects. The councilors voted 8-2 to move forward with plans to build six sites, which include two existing projects

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Buy the Worst House in a Nice Neighborhood

Some people call it buying the worst house in the best neighborhood, but most nice neighborhoods work just fine – especially when houses to choose from are scarce. But either way, this equity-building strategy isn’t for the faint of heart. Back Door Entry to a Ritzy Area The theory is that lower-priced homes in upscale

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Reverse Mortgages: Understanding the Pros and Cons

A reverse mortgage is a type of consumer home loan that allows homeowners ages 62 and older to borrow against their home’s equity to receive either cash or a line of credit.  Unlike a traditional mortgage, homeowners don’t make a monthly payment; the loan is repaid when the homeowner or their heirs sell the house. 

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JPMorganChase cuts hundreds of mortgage staff as business dwindles

JPMorganChase has said it’s cutting jobs in its mortgage lending business amid tightening monetary policy that has seen mortgage rates pushed above 6%. The nation’s biggest bank said last week that the decision was the result of “cyclical changes” in the mortgage market. “We were able to proactively move many impacted employees to new roles

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Pending home sales rose in May, but economists say it’s just a blip

Pending home sales increased in May, breaking a streak of six successive monthly declines, but the National Association of Realtors said it is likely a blip and that sales will continue to fall as the year progresses. The NAR’s latest data shows that contract signings, which are a forward indicator of home sales based on

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Why Real Estate CRM Software is Important for Agents

Managing your interactions with customers and clients can be an exhausting job. If you’re a real estate professional, then you’re already quite familiar with this! You probably spend a lot of time managing tasks related to prospecting, lead generation, client retention, and a whole lot of other responsibilities. That’s why real estate software is a

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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. “The rapid rise in mortgage rates, from an average of 3% to 6% over the past six months, is

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Mortgage applications rise amid strong demand for ARMs

Mortgage applications surprisingly jumped 8% last week compared to the previous seven day period, boosted by demand for adjustable-rate mortgages, according to the Mortgage Bankers Association. However, applications are still down 10% compared to one week ago. The MBA said that last week’s jump in mortgage rates may have actually increased homebuying demand, as consumers

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