Each Friday we share with you the must-read, real estate news of the week. We’ve got everything you need to know to stay on top of breaking industry news and trends.
Grab your coffee and get reading!
“Own vs. Rent: A Growing Reason To Buy”
Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities. The Wall Street Journal’s third-quarter survey of housing-market conditions in 28 of the nation’s largest metropolitan areas found that home values declined in all but five markets compared with the second quarter, according to data from Zillow Inc. Meanwhile, rent levels have risen briskly across the country and mortgage rates, hovering around 4%, are the lowest in six decades. Continue reading . . .
“4 Smarter Ways To Sell Your Home Online”
With a lot fewer homebuyers trolling the market, sellers need to make sure that their homes are getting out in front of the most promising prospects. Whether the home being sold is a suburban rancher perfect for young families or a move-in ready condo for single urban professionals, a wealth of high-tech tools is available to help sellers target the most likely buyers. Continue reading . . .
“The State Of Long Term Real Estate Investing – The Perfect Storm Is Here”
Jeff Brown writes for Agent Genius, “If you’ve either dipped your toe into the real estate investment market, or are thinkin’ of divin’ in for the first time, I’m here to tell ya — you’re on the right track. In the 35 years since I transitioned to the investment side of the business, we’re now, and have been in the only truly perfect storm I’ve personally witnessed in my adult life.” Continue reading . . .