If a nearby home goes through foreclosure, does a lowered value for that property impact the values of all nearby neighbors' homes?
RE and mortgage pros were asked what generated the most business for them, and most agreed that physically meeting people got them the best bang for their buck.
Fla. touts its no-income-tax status, but moving is complicated and buyers consider many variables. Still, it appears that lower taxes carry notable weight.
Ownership offers fixed payments for 30 years and slowly building equity, but those on a fixed budget today haven’t seen such a strong rent advantage since 1996.
How hard is it to find the perfect home? If it has the right location and price, 7 out of 10 homebuyers are willing to overlook poltergeist shenanigans.
Over $35B will be available for below-market rate loans that finance new housing construction and/or office conversions near transportation hubs.
A Yale U. study found only 3 out of 4 Americans (74%) share that belief, and the study’s author says it may be due to Fla.’s “hurricanes and other extreme weather.”
The scams begin with a hunt through public records for vacant land, an absentee owner and no mortgage. Look for red flags, like a refusal to talk in person.
Follow up until people “buy, die or file a restraining order,” says one RE coach – and basic skills aren’t enough to succeed in today’s rapidly changing market.
Albany, N.Y., homes went under contract in 8 days in Sept., followed by Rochester (9) and Grand Rapids, Mich. (9). In 8 Fla. metros, it ranged from 25-58 days.
