“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 […]
When Will the Housing Market Crash?
With U.S. home prices appreciating rapidly and the memory of the great recession not that distant, it’s natural to ask, when will the housing market crash next? According to a recent report by Zillow, more than half of U.S. homes are valued more than their peaks before the Great Recession. The median home sales price in […]
How to Get a 50% Buyer Agent Commission Refund
We all love getting a refund. Getting a few bucks back always feels good. How would it feel to get thousands back? Well, great, of course. Did you know when buying a home, you can get a 50% buyer agent commission refund simply by using the right website? Real estate agents typically get paid from […]
How Do REALTORS Get Paid?
For those of us who haven’t bought or sold a home before, you may be wondering how do REALTORS get paid? When someone is ready to sell their home and decide not to do it themselves, but rather hire a professional, they often will solicit the services of a real estate agent. The REALTOR will, of […]
The Benefits of Bringing Natural Light Into Your Home
Whether you’re already a homeowner or you’re currently renting a property, there’s a whole range of mental and physical benefits behind bringing more natural light into your home. Even if your home is already getting quite a bit of light from outside, there will still be many more ways of increasing sunlight exposure in your […]
Mistakes Home Buyers Make by Generation
We all make mistakes. That’s how we learn in many cases. Here is a list of common mistakes home buyers make in all age groups. 20’s – Getting the wrong mortgage Some young buyers get ARM’s, which are adjustable rate mortgages since they have a low introductory interest rate. The thinking is that they will […]
San Diego Ranks 4th for Location-first Movers in U.S.
According to a recent study done by my friends at Apartment List, 65.7% of San Diego metro renters are location-first movers who are choosing to move to San Diego prior to searching for a job. San Diego has the 4th highest percentage of location-first movers in their national study. What exactly do we mean by “location-first” […]