Category Archives: Real Estate

What Should We Expect From Real Estate, In The Near Future?

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How might this pandemic, affect the real estate market, in the period, following the reopening of our economy? Will sellers, expect less, and change their expectations, in terms of price, etc? How many potential buyers, may no longer feel comfortable, in terms of their personal comfort zone, making a major economic purchase, after this extended period of consumer fears, income disruptions, etc? Will potential, qualified, buyers, feel comfortable, going to Open Houses, in the near – term? What other strategies, and approaches, might be necessary? Will banks, lending institutions, and the Federal government, aggressively support, helping the real estate industries, etc? How will commercial properties, and their desirability, be impacted, etc? With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss these factors, etc?

How Some Real Estate Attorneys Destroy The DEAL?

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Whether you are a homeowner, seeking to sell your home, or a potential, qualified buyer, wanting to purchase one, it’s important to realize, this period of time, is often, an emotionally, stressful one! The combination of family memories, and the fear of the unknown, as well as wanting to get the best price, and conditions, possible, are the key ones, when selling. Being certain, the house will serve your needs, goals, and priorities, and never being, quite certain, you’ve negotiated the finest terms, and price, and hoping your family, will enjoy the area, location, and specific home, is right, for you, are what most buyers, lose – sleep, about! While the real estate attorney, you choose, must represent your best interests, and protect you, in the entirety, of this transaction, there is, a somewhat, fine

The Essential MAPS Of Real Estate

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A large percentage of the financial assets, in the United States, are invested in some form/ forms of real estate. For most Americans, the value of their family home, represents their single – biggest, financial asset. In addition, some of the other real estate vehicles, used, include: personal housing; owner, and/ or, non – owner, occupied, multi – family properties; investing in commercial buildings, rental houses, apartments, and/ or, participating in Real Estate Investment Trusts (REIT), and/ or, partnerships, etc. However, while some, do, extremely well, with these, others, experience less – stellar results! Those, who do best, generally, understand, and effectively, use, and take advantage of the MAPS of real estate. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, discuss how this approach, is a beneficial, smart one.

5 Ways Low Interest Rates Impact The Real Estate Market

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We are currently, undergoing, a period of time, when, mortgage interest rates, are, at, or, near record lows, for a significant period of time. This creates, a series of ramifications, and impacts, when it comes to real estate, especially, as it comes, to creating demand, and, the ability of potential buyers, to buy a home! Obviously, when interest rates are lower, a buyer is capable of buying a more expensive house (for his buck), because, the amount of monthly payments, are a key consideration, in determining, how much, a lender, will approve. However, in many cases, this increases, demand, also, and, thus, based on the economic theory of, Supply and Demand, often, ends – up, raising the prices of houses, etc. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 ways, low – interest rates, impact the real estate market.

6 Probable Intermediate – Term Changing Real Estate Trends

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After, more than 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have witnessed, a variety of different, so – called, real estate markets, including: Sellers Market; Buyers Market; and neutral/ balanced ones. I’ve seen high, mortgage interest rates, low ones, and it seems, everything, in – between. The rules, of, Supply and Demand, have, dramatically, fluctuated, from time – to – time! In recent times, a combination of factors, especially, since the onset of this horrific pandemic, have included: record/ historic – low – interest rates; limited inventory of houses, for – sale, and changing priorities, of potential, qualified buyers (in terms of location, style, size, priorities/ perceptions, etc). However, the reality, is, at some point, the market, will probably, change, again, and, with that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 6 probable, intermediate – term, changing, real estate trends.

5 Factors Which Will Impact Real Estate In The Shorter – Term!

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Although, historically, owning real estate, has been, one of the greatest ways, to counter, the effects of inflation, etc, it is important to realize, recognize, and understand, in the shorter – term, there are rarely, any guarantees! There are, up, and down, periods, in these markets, and, while, some years, we witness, significant asset growth, etc, there have, and will, most – likely, be times, when, values decrease, at least, temporarily. Presently, we are experiencing, a real estate market, which is considered, a Sellers Market, with house prices, rising, significantly, and, witnessing, more buyers, than, available houses, available, and the effects, of, Supply and Demand, from an economic standpoint. When, we combine this, with the effects, from this past year’s, horrific pandemic (and, associated, living challenges, and uncertainties, etc), as well as a near – record, prolonged period, of very – low (historically), interest rates, it has created, what many believe, is, a potentially, over – heated market – place! With, that, in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 factors, which will, probably, impact, real estate, especially, in the shorter – term.