If you are behind on your mortgage and worried about foreclosure, chances are you may have heard that a short sale can help you avoid foreclosure. But depending on your personal circumstances, you may find that a foreclosure is a “better” choice than a short sale. A “short sale” means that a mortgage lender has […]
Caution: Home Renovations In Historical Districts Require Higher Budgets & More Time
Oh how we love those old classic homes in the older parts of the city. Big wrap-around porches, wonderful craftsman or Victorian style trim and beautiful, one-of-a-kind windows. Walking through those older neighborhoods reminds us of childhood days long gone, and a kind of America that seems so far away from the information and […]
Residential Rental Rates in Australian Cities Growing Slowly
According to an article in Propertywire, residential rental rates in Australian cities are not only just growing slowly, but at the slowest pace on record. This is according to the latest data from CoreLogic. While the cities of Hobart and Sydney have seen the strongest rental growth over the past 12 months, rents in Canberra, […]
Why A High Listing Price Can Backfire
Every homeowner wants to achieve the maximum price for the property, so listing it a little above the market value can seem like a tempting option. However an article in AOL.com points out that this can backfire. While there is always the possibility that the property may sell for above market value it doesn’t […]
Existing Home Sales Expected to Continue Rebounding This Year
According to an article in RisMedia, existing home sales are anticipated to finish strongly at the end of the year, reaching their highest pace since 2006. However there are concerns about rising mortgage rates and rising price growth which could slow down sales. Apparently existing home sales are higher than a year earlier and figures […]
The New Assisted Living Facility Business Model
Most astute real estate investors are aware of the outstanding opportunity that assisted living facilities offer for decades to come as 79 million baby boomers continue retiring at the rate of 10,000 per day. The frustration is that building or purchasing a fully developed facility can easily cost more than $20 million. Sure, you can […]
Millennials Saving to Become Home Owners
According to a report conducted by the Urban Land Institute, 70% of millennials who do not yet own their home fully expect to become home owners by 2020. Most anticipate using money they have saved as a down payment. The survey was carried out across 1270 people falling into the age category of 19 to […]