Existing-Home Sales Decline and Trends for 2024
U.S. Housing Market Update: Existing-Home Sales Decline and Trends for 2024 The U.S. real estate market continues to evolve through 2024, driven by fluctuating sales, changing inventory levels, and shifting interest rates. One of the most significant updates from the National Association of Realtors (NAR) is that existing-home sales dropped to 3.86 million seasonally adjusted annual rates (SAAR) in August…
Off-Grid Living in Colorado
Off-Grid Living in Colorado: A Path to Independence and Eco-Friendly Living in Evergreen, Rocky Mountains, and Beyond It seems like everyday I get a call regarding off-grid homes for sale in Colorado. Off-grid living has become a growing trend, and few places offer better opportunities for this lifestyle than Colorado. With its vast natural resources, breathtaking landscapes, and emphasis on…
The Concepts of Advanced Underwriting: The Time and Value of Money: IRR: Internal Rate of Return
We are getting ready to launch our Learning Modules and will be offering some advanced programming for real estate investors who want to be light years ahead of their competition. With these limited sessions that will not be recorded you will earn the respect of sellers, underwriters and lenders alike. The concept of the Time and Value of Money (TVM)…
Fort Myers Florida: Gateway to Southwest Florida’s Wonders
Fort Myers: The Historic Gateway to Southwest Florida’s Wonders Fort Myers, often referred to as the gateway to Southwest Florida, is a city steeped in historical significance and natural charm. This blog delves into the allure of Fort Myers, exploring its unique blend of historical landmarks, picturesque riverfront settings, and a vibrant cultural scene. Whether you’re a history buff, nature…
Effects of Rising Mortgage Rates on Home Sales in October 2024
Effects of Rising Mortgage Rates on Home Sales in October 2024 Impact of Higher Mortgage Rates on Buyers Higher borrowing costs lead to reduced purchasing power. Buyers who previously qualified for larger loans may now qualify for smaller ones. Many buyers are forced to adjust expectations, downsize, or delay purchases. First-time buyers face increased challenges qualifying for loans or covering…
NAR Lawsuit Update 2023
NAR Lawsuit Update 2023: Key Testimonies and Implications for the Real Estate Industry The National Association of Realtors (NAR) is currently embroiled in a series of lawsuits that have the potential to reshape the real estate industry. One of the most notable cases is the Sitzer/Burnett buyer-broker commissions trial. This article aims to provide an in-depth update on the NAR…
Real Estate Agents: Why You Need One for Any Real Estate Transaction
Real Estate Agents: Why You Need One for Any Real Estate Transaction Importance of Real Estate Agents Local Market Expertise: Agents offer insights into neighborhoods, pricing trends, and regulations that influence transactions. Negotiation Skills: They advocate for the best terms on behalf of buyers or sellers. Professional Network: Agents connect clients with mortgage lenders, inspectors, and contractors. Benefits of Hiring…
Denver Real Estate Market with a Skilled Agent
Navigating the Denver Real Estate Market with a Skilled Agent The Denver, Colorado real estate market is dynamic and diverse, requiring seasoned expertise to successfully navigate its complexities. Whether buying or selling, partnering with a knowledgeable real estate agent can significantly shape your experience and the results you achieve. This guide explores the roles and services of Denver real estate…