Tag: real estate
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Home Buyers’ Best Deals Are on Builders’ Lots
The premium that buyers usually have to pay for a brand new house is disappearing. A low supply of homes for sale is fueling the strange price dynamics between new and older properties. Benefits of a newly built house A newly built house normally costs more than an old one, but the higher upfront cost…
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What’s Motivating Homeowners To Move Right Now
Over the past few years, some homeowners have decided to delay their move. That’s because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you are thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest factors…
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What To Look For From This Week’s Fed Meeting
You may be hearing a lot of talk about the Federal Reserve and how their actions will impact the housing market right now. Here’s why… The Fed meets again this week to decide the next step with the Federal Funds Rate. That’s how much it costs banks to borrow from each other. Now, that’s not…
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Why a Condo Could Be Your Perfect First Home
If you are looking to break into homeownership but the price of single family homes has you second guessing, you might want to consider a condominium or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and the benefits of owning…
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Marketing Innovation: Don’t Try This at Home
Innovative real estate marketing idea from “as-seen-on-TV” advertising guru. A New York City marketing businessman, Anand Khubani, has come up with an out-of-the-box, fun, real estate marketing idea. He put a 60-foot screen of what the completed rehabbed facade would look like on the front of an Upper East Side Historic District townhouse. Mr. Khubani is…
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They have our money, are our jobs next?
Remember the good old days when a Travel Agent booked your vacations? Price Line, Expedia and Trivago are the new normal. Today, The Motley Fool article, goo.gl/nfjEbK, talks about how mortgage brokers are beginning to be replaced by automated web-sites. Another article, goo.gl/YG7RMJ, showcases the Real Estate Industry where automation is on the move to…
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Paying For Your House By The Mile
Lower gas prices has shown to improve consumer confidence by leaving more money to spend. Potential buyers are willing to pay more for housing and commuting and real estate professionals are willing to spend more time behind the wheel to close the deal. A recent study from Florida Atlantic University and Longwood University actually provide data to support this. The collaborative…