Forever Renters: The Changing Landscape of Residential Real Estate

in Articles Blog Real Estate on
closeup photo of room for rent sign
Are you one of the many people who have resigned themselves to being forever renters? You’re not alone. In recent years, the concept of the American Dream with the staple of home ownership, has shifted, and with it, the way we think about owning a home. The economy, real estate market, inflation, high interest rates, and tight credit have all played a role in reshaping…

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Investing in a Rental Turnkey Home: A Hassle-Free Path to Passive Income

in Articles Blog Real Estate on
Beautiful kitchen
Are you considering investing in real estate to generate passive income? Look no further than a rental turnkey home. With its hassle-free nature and potential for cash flow, a turnkey home can be an excellent investment opportunity for landlords. What is a Turnkey Home? A turnkey home refers to a property that is fully renovated, furnished, and ready for immediate occupancy. It requires minimal to…

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Borrowers still not aware of the impact of PMI. Tips to avoid it.

in Articles Blog Real Estate on
Home Mortgage Loan
Private mortgage insurance (PMI) is a type of insurance that protects lenders from losses if a borrower defaults on their mortgage loan. PMI is typically required for borrowers who make a down payment of less than 20% of the purchase price of a home. The cost of PMI can vary depending on the borrower’s credit score, loan-to-value (LTV) ratio, and other factors, but it typically…

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21% Think It’s A Good Time To Buy A Home (Only!)

in News Real Estate on
Unaffordable Housing
85% instead, think it’s a bad time! Persistently high housing costs could hurt President Joe Biden in the 2024 election, especially among young, liberal voters who have dropped out of the housing market or are struggling with high rents. Some progressive organizers say Biden and Democrats need to do more to address the issue or else they risk losing voter support from key voting blocs,…

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NAR Membership Declines After Lawsuits, Leadership Changes, and Tough Market

in News Real Estate on
Realtor
The National Association of Realtors (NAR) is facing its first year-over-year decline in membership since 2012 (when it fell under 1,000,000 members), with nearly 6,000 members leaving in November alone. That’s after years of steady growth. Colorado, Washington, D.C., Maryland, and Washington State experienced the biggest drops in membership. That is concerning for an organization that boasts itself as the “nation’s largest trade association.” NAR…

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