Key Takeaways: – Atlanta is a large and growing market with interesting investment opportunities – The median home price in Atlanta is around $375k, less than the national median by about $50k – Year-over-year growth in home prices is falling back to just over 0% after a huge spike during the pandemic – Despite flat…
Key Takeaways: – Dave Burt, who correctly predicted the 2008 financial crisis, is warning of a growing threat to housing prices: flood risk. – Mortgage lenders are overestimating the value of many homes because they have failed to take into account the increasing risk of flooding due to climate change. – Climate-crisis related increases in…
Key Takeaways: Redfin’s article provides 18 transformational secrets to maximize guest satisfaction and achieve success in the vacation rental business. Some of the main ideas and important elements include: – Making your rental stand out with upgrades and responsive property management – Treating your rental like a five-star resort with cleanliness, desirable amenities, and a…
Key Takeaways: – The FHA is proposing a new Payment Supplement Partial Claim option for struggling borrowers as its current loss mitigation toolkit is not enough to support them during surging rates. – The new option will allow servicers to bring a borrower’s home loan current and temporarily reduce their monthly payments for a period…
Key Takeaways: – Achille Salvagni is a legendary architect and designer. – He designed an incredible home from the ground up. – The home is a reflection of Salvagni’s style and design philosophy. – The home features a mix of classical and contemporary elements. – Salvagni paid close attention to every detail in the design…
Key Takeaways: – Medium-term rentals are becoming more popular than ever due to the rise in digital nomadism and stricter regulations on short-term rentals – Medium-term rentals are furnished properties that tenants live in for more than 30 days but less than a year – To invest in medium-term rentals, it is important to find…
Key Takeaways: – In May, there is a focus on money and finance, including the mortgage market and evolving technology and business strategies for buyers. – The Best of Finance awards celebrate industry leaders. – Adjustable-rate mortgages (ARMs) and 40-year mortgages are becoming more popular due to rising interest rates. – Buyers should pay attention…
Key Takeaways: – Higher mortgage rates caused by debt ceiling drama and inflation reduced demand for home loans, particularly refinancings. – The Mortgage Bankers Association’s market composite index declined 3.7% on a seasonally adjusted basis for the week ending May 26 compared to one week earlier. – Federal government debt limit impasse and stubborn inflation…
Key Takeaways: – Shannon McKinstrie teaches real estate agents how to use social media to their advantage – She started working with agents in 2013 and her career as a social media strategist took off from there – McKinstrie loves working with Realtors because they understand the importance of personal branding and marketing – Time…
Key Takeaways: – Ryan Hughes started investing in real estate at a young age due to his parents’ interest in financial freedom and Dave Ramsey’s teachings. – His first real estate deal was a house hack, where he rented out rooms to cover his mortgage payment and more. – Ryan emphasizes the importance of networking…
