As a licensed real estate agent since 1986, Franco Garcia said he's learned a lot, from red-hot markets to cold ones. The company's emphasis on serving underserved communities means being a sounding board, even if they don't like his take.
As a licensed real estate agent since 1986, Franco Garcia said he's learned a lot, from red-hot markets to cold ones. The company's emphasis on serving underserved communities means being a sounding board, even if they don't like his take.
IS THE RHODE ISLAND HOUSING MARKET SHOWING SIGNS OF IMPROVEMENT? The days where most buyers were priced out of real estate investment may be coming to an end soon enough. In the last couple years real estate prices skyrocketed and sellers were getting up to 100K over asking price forcing so many hungry investors, like you, to the sidelines…but the first signs of the landscape changing are upon us. It’s time to awake from the slumber and start thinking about the possibility of real estate i...
IS THE RHODE ISLAND HOUSING MARKET SHOWING SIGNS OF IMPROVEMENT? The days where most buyers were priced out of real estate investment may be coming to an end soon enough. In the last couple years real estate prices skyrocketed and sellers were getting up to 100K over asking price forcing so many hungry investors, like you, to the sidelines…but the first signs of the landscape changing are upon us. It’s time to awake from the slumber and start thinking about the possibility of real estate i...
As much as the frantic pace of a “hot” market creates a lot of headlines and excitement, they’re not actually the best of times for most real estate agents if you think about it… Everything you do is at a feverish pace. Most agents don’t even make more money than they would in any other market anyway—they’re still just doing an average (or below) number of deals per year. Heck, it can even be harder just to eke out an average year! Those markets tend to attract more and more agent...
As much as the frantic pace of a “hot” market creates a lot of headlines and excitement, they’re not actually the best of times for most real estate agents if you think about it… Everything you do is at a feverish pace. Most agents don’t even make more money than they would in any other market anyway—they’re still just doing an average (or below) number of deals per year. Heck, it can even be harder just to eke out an average year! Those markets tend to attract more and more agent...
Successful real estate investment has long been one of the proven ways to become wealthy. Buy or secure title to land. Develop the improved agricultural potential of the property or build housing you can rent out, or make the investment property more attractive to tenants so you can charge higher rent. These are common ways to become successful in real estate investing. The real estate market is always changing, and not just in terms of where people want to live. But we all know that real estate...
Successful real estate investment has long been one of the proven ways to become wealthy. Buy or secure title to land. Develop the improved agricultural potential of the property or build housing you can rent out, or make the investment property more attractive to tenants so you can charge higher rent. These are common ways to become successful in real estate investing. The real estate market is always changing, and not just in terms of where people want to live. But we all know that real estate...
An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. I've since added more information and insights as the situation unfolds. This proposed NYC "pied-a-terre" tax law has a name that infers it concerns... Read More
The post The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate first appeared on Miller Samuel Real Estate Appraisers & Consultants.
An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. I've since added more information and insights as the situation unfolds. This proposed NYC "pied-a-terre" tax law has a name that infers it concerns... Read More
The post The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate first appeared on Miller Samuel Real Estate Appraisers & Consultants.
Signs That the Housing Market is Normalizing, Not Slowing Blog posted On June 28, 2022
Order is being restored in the housing market. Two years ago, mortgage rates sank, and housing activity boomed. Home buyers jumped at low rates and homeowners wasted no time refinancing. Now, activity is cooling off. Some are framing it as a ‘slowdown’ in housing. While this isn’t entirely inaccurate, it doesn’t paint the full picture of what’s going on in the market, nor d...
Signs That the Housing Market is Normalizing, Not Slowing Blog posted On June 28, 2022
Order is being restored in the housing market. Two years ago, mortgage rates sank, and housing activity boomed. Home buyers jumped at low rates and homeowners wasted no time refinancing. Now, activity is cooling off. Some are framing it as a ‘slowdown’ in housing. While this isn’t entirely inaccurate, it doesn’t paint the full picture of what’s going on in the market, nor d...
America’s housing market has undergone some wild swings during the coronavirus pandemic, but at long last, it appears to be recovering. In June, the number of real estate listings rose by 18.7% compared with a year earlier, according to a new report by Realtor.com®. That’s the second straight month of growth, and the fastest rise on record since July 2017, when this data was first collected. All told, this amounts to 98,000 more homes for sale every day compared with the same time last year...
America’s housing market has undergone some wild swings during the coronavirus pandemic, but at long last, it appears to be recovering. In June, the number of real estate listings rose by 18.7% compared with a year earlier, according to a new report by Realtor.com®. That’s the second straight month of growth, and the fastest rise on record since July 2017, when this data was first collected. All told, this amounts to 98,000 more homes for sale every day compared with the same time last year...
Buyers Be Bold, Sellers Price Right: How To Navigate New York City’s Current Real Estate Market
Sellers who want to sell must price correctly, and buyers who want to buy should seek value but not ... [+] overestimate the strength of their position. On both sides, an experienced agent’s advice will create a smoother and more profitable transaction.
getty
Sellers who want to sell must price correctly, and buyers who want to buy should seek value but not ... [+] overest...
Buyers Be Bold, Sellers Price Right: How To Navigate New York City’s Current Real Estate Market
Sellers who want to sell must price correctly, and buyers who want to buy should seek value but not ... [+] overestimate the strength of their position. On both sides, an experienced agent’s advice will create a smoother and more profitable transaction.
getty
Sellers who want to sell must price correctly, and buyers who want to buy should seek value but not ... [+] overest...
