The study differentiated homes in the top 10 percent of ZIP codes in each metropolitan city is deemed as the 'luxury market'. Comparatively, the bottom 10 percent of ZIP Codes in the same metropolitan city is deemed as the 'entry-level-market."
Investing in the real estate is much like investing in the stock market – no one really knows when the market will rise or when it will crash. In the case of real estate investment, investors are often on the lookout for houses in neighborhoods that are likely to boom or gentrify within the next five or 10 years. How do you spot the next booming neighborhoods in the country?
Buyers are often pretty excited to purchase their home because buying one in this crazy and busy spring home buying season can be pretty much taken as an achievement. While you might be excited to move into your new home, you may suddenly think twice and ask yourself “What did I get myself into?” Here are some tips to avoid and conquer buyer’s remorse:
Most sellers (if not all) are always hoping to sell their homes at the maximum price that they have in mind. However, certain conditions in the market and the current condition of your home would dictate how much your house is worth. While such is the case, there are still some ways in which you can boost the selling price of your home before you list it on the real estate market.
There are many factors to consider when deciding on investing in real estate. There is the matter of mortgage rate, interest rates, local economies as well as real estate prices. Now, being in a borderless economy, even international trade and political views affect market fluctuations.
First-time buyers comprise the majority of potential homebuyers in this market. However, a recent report shows that one in five future first-time homebuyers are more likely to opt out of buying a home altogether. Why is this the case?
Gwyneth Paltrow has joined the growing list of celebrities who are into buying a fixer-upper, as she recently purchased a home in Santa Barbara, CA for $4.9 million. The 43-year-old actress also opened up on her divorce from Coldplay frontman, Chris Martin.
The fourth quarter CRE loss rates, which is the annualized charges as a percentage of average loan balances, is now being reviewed by regulators recently. This is part of the oversight on financial institutions' activities that are related to commercial real estate loans. The oversight was instituted to prevent the market crash recently experienced by the real estate market.