How the Current Real Estate Market Can Affect Your FinancesThe real estate market is in an interesting state right now. Home sales are slowing because of higher interest rates, but prices in some areas have yet to drop. Overall, the median existing home sales price in January 2023 was up 1.3% from the same time last year, but home prices in expensive …
January Top Articles of Interest
21 Real Estate Wins in Government Spending Package Congress gave final approval Friday to a bipartisan bill to fund the government through Sept. 30, 2023, clearing the last major piece of legislation for the year. The bill now goes to President Joe Biden for his signature. Included in the bill are an extension of the National Flood Insurance Program (NFIP) …
5 Questions To Help You Decide When To Hire a Manager for Your Rental Property
“If you’ve ever spoken to a financial planner about investing, then you are very aware of the importance of diversification. When you diversify your portfolio, you spread out the risk. Real estate will always serve as a safe tangible asset to mitigate the risk in your portfolio. Many have amassed wealth by solely investing in real estate.”– James Harris, Entrepreneur …
How Big Tech Companies Are Impacting the Housing Market in the Triangle
Google, Apple, and VinFast have all recently announced plans to expand into the Raleigh-Durham area, making the Triangle a hotspot for the tech industry. With an influx of tech workers and residents, the housing market in the area is becoming more and more competitive. You may be wondering how such a competitive market will impact you. Let’s take a look …
9 Rental Property Scams to Look Out For and How To Avoid Them
In the news again in 2022 is an old trick that keeps tripping people up: rental property scams. “On the tenant side, police say the scam usually involves having to pay the deposit without seeing the property while the supposed owner says they’ll mail you the keys. Spoiler alert—the keys never come, and the tenant is out the money for …
Looking for a New Home? Here Are the ABCs of Financing it
Buying a home can feel like putting a puzzle together — finding the right neighborhood, the best house for your family, a price that fits in your budget. If one of the pieces doesn’t quite feel right, the others don’t seem to fit either. And when all those pieces do come together, there’s still the matter of financing. Today, a buyer …
Active Real Estate Investing – New Construction or a Fixer Upper?
Is 2022 your year to start investing in real estate? Maybe you’ve toyed with the idea in the past but never felt the time was right. Or you haven’t known enough about real estate investment to take the dive. If you’ve started looking into it, you’ve likely already figured out that there are a lot of options out there. For …
Airbnb Is Here To Stay – How To Decide If It’s a Worthwhile Investment Risk
This is an update to our “Airbnb: Does The New Kid On The Block Present An Investment Opportunity?” posted in March, 2019. The year was 2007. Three air mattresses and the promise of breakfast turned an apartment into a weekend rental, and Airbnb was born. Nearly 15 years later, in more than 190 countries and 81,000 cities, the short-term rental …
How Do You Know If It’s Time To Remodel Your Rental Property?
Outdated fixtures. Monthly phone calls from tenants about broken-down appliances and other repairs. Carpet that’s getting close to the seven-year mark with pet-owning tenants most of that time. How do you know if these things are signs that it’s time to remodel your rental property? Whether you’re a new or experienced landlord, it may be easy to tell when the …
Home Inspections — The Pros and Cons
In a seller’s market, when it’s easier to sell a home than to buy one, it can be tempting to get caught up in the moment and do whatever you can to beat out the competition for the home you’ve been waiting to buy. You may have heard that one way to get ahead on the list of buyers is …