01 Aug 2019
By Aadil Nathoo

Case-Shiller: Home Prices Growth Slows in March

Market Outlook, ,
Home price growth slowed again in May according to Case-Shiller home price indices. Home price growth slowed for the 14th consecutive month to its lowest rate in 12 years. Case-Shiller's National Home Price Index showed 3.40 percent growth year-over-year in May as compared to April's year-over-year reading of 3.50 percent. Las Vegas, Nevada held its first place position in the 20-City Home Price Index for highest year-over-year home price growth rate at 6.40 percent; Phoenix, Arizona held second place with a year-over-year home price growth reading of 5.70 percent. Tampa, Florida home prices grew by 5.10 percent year-over-year in May.…
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30 Jul 2019
By Aadil Nathoo

The Community Reinvestment Act Explained In Simple Terms

Real Estate, ,
The federal government adopted the Housing and Community Development Act in 1977, and the Community Reinvestment Act (CRA) portion was designed to prompt lending institutions to provide mortgages for low- and moderate-income Americans. The underlying reasoning for the CRA was to discourage discriminatory lending practices that inhibited low-income communities and neighborhoods. Over the years, its regulations have been revised to improve effectiveness. During the early 1990s, upwards of five changes were made and more following the 2007 financial crisis. With the country currently in the midst of an economic comeback, the Office of the Comptroller of the Currency announced that…
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25 Jul 2019
By Aadil Nathoo

The Monopoly Technique – How To Build Value By Acquiring Adjacent Properties

Real Estate, ,
Have you ever played the classic board game called Monopoly? The object of the game is to collect all the properties until one winner bankrupts all the other players. The other part of the game is that accumulating properties adjacent to each other increases the value of the individual properties. When a player acquires all the properties of the same color (two or three), then the rents go up and property development can begin. The Monopoly Game In Real Life The same basic principles sometimes work in real life. Owning a property and then buying the one next door creates…
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16 Jul 2019
By Aadil Nathoo

How To Find Hot Real Estate Markets

Real Estate, ,
A hot market in real estate is identified by a few things, which include higher prices, lower amounts of unsold inventory, and desirable neighborhoods. Neighborhoods can increase in value because of having an excellent location, high-paying jobs, quality schools, and a variety of attractive amenities. Hot Markets Are After The Fact Properties in a hot market may sell faster, for higher prices, and without needing to be in perfect condition or staged for sale. Real estate investors do not necessarily benefit from learning about a hot market unless they already own property in that market area. It is nice to…
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10 Jul 2019
By Aadil Nathoo

3D Printing Used For Home Renovations And Construction

Real Estate, ,
3D printing technology is a game-changer in the home construction business. Not only is the technology capable of printing a home, but it can also be used to print one at a much lower cost when compared to traditional home construction. All3DP reports on homes printed using 3D technology that costs as little as $4,000 to $10,000. Some are ready for occupancy within 24 hours. The $4,000 Home A company in Texas, called ICON, is working with NewStoryCharity.org to create 3D-printed homes at an extremely low cost. New Story Charity builds simple homes in other countries, like Haiti and El…
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