What are the reasons why people move? Life events are often the catalyst for moving and changing where we call home. While I may have knocked Zillow on their Zestimate accuracy, I do admire their extensive research on trends in the real estate market. One of the highlights in their 2018 report, they talk about a […]
UBS Global Real Estate Study Finds Only One City Undervalued
Only 1 of 20 global housing markets is considered undervalued in a recent UBS Global Real Estate study. Chicago was this city. UBS surveyed 20 cities around the world to assess which are at the greatest risk of a housing bubble. 16 of the 20 cities fell into the overvalued and bubble risk categories. What is […]
The Upside and Downside of Booking Flats in Buildings Under Construction
Have we ever wondered why it’s always so difficult choosing which one is better: an under-construction-property or a ready-to-move-in property? The clear and simple answer would be a NO! At the ground levels, this becomes the prior reason for the paradox that a homebuyer suffers in. Both types of properties have their own pros and […]
The Starbucks Effect – How Starbucks Stores Affect Home Values
Having a Starbucks location nearby is great for coffee drinkers. However, did you know the benefit it has for homeowners? The Starbucks effect adds value to help homeowners maximize their real estate investment. While people can have differing opinions about Starbuck – see all of the mania surrounding their Christmas, I mean holiday cups – one […]
The Best Markets to Buy a Rental Property in the U.S. in 2018
“Location location location – the three most important factors when buying an investment property.” How many times have you heard this expression? If you are in any way related to the real estate investing business, we guess the answer is, “One too many!” Regardless of the fact that this has become a cliché in the […]
What is REX Real Estate? An AI-Driven Company Changing the Industry
At its core, REX Real Estate is an alternative to selling on the multiple listing service (MLS) with a traditional real estate agent. What is one of the biggest complaints when selling a home with an agent? High commissions rank right up there. Usually, it’s the number one complaint. $30,000 to a real estate brokerage […]
In the Most Expensive Cities to Buy a Home, You Need a Salary of $100,000
Home prices have jumped since the real estate market crash during the Great Recession. Since the market bottomed in 2011, home prices have recovered nicely. They have recovered so nicely that in the most expensive cities to buy a home, many of us are now priced out. In October of 2015, home prices surpassed the […]
Home Price Reductions Becoming More Common in the National Market
A recent Zillow analysis discovered a trend of home price reductions across the United States. The number of homes on the market that have reduced their price to be more appealing to buyers is growing. In June of this year, 14.2% of U.S. homes listed for sale on Zillow had at least one price cut. That’s […]