31 Jan 2019
By Aadil Nathoo

Case-Shiller: Home Prices Lower in November

Real Estate, ,
Home price growth continued to struggle in November, with Case-Shiller's 20-City Home Price Index moving from October's reading of 5.30 percent annual growth to 5.20 percent growth in November. This was the lowest reading since January 2015. Las Vegas, Nevada remained first in home price growth rate with a year-over-year home prices growth of 12 percent. Phoenix, Arizona's year-over-year home price growth rate was 8.10 percent and Seattle, Washington held third place with a year-over-year home price growth rate of 6.30 percent. Las Vegas' large year-over-year growth in home prices was attributed to the city's ongoing recovery from the recession…
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30 Jan 2019
By Aadil Nathoo

Is a Hard Money Loan the Right Strategy for You?

Mortgage, ,
When used as a part of an effective real estate investment strategy, hard money loans are an excellent tool to quickly increase holdings without risking existing properties. However, these loans aren't for everyone. What investors get the most value from hard money loans? Investors With Less-Than-Stellar Credit Investors with credit challenges can qualify more easily for hard money loans. That's because these loans aren't based on the borrower. While you will have to prove a measure of creditworthiness, hard money lenders are more interested in the property you plan to buy. If you default on your payments, the lending bank…
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29 Jan 2019
By Aadil Nathoo

Auction 101: Bidding On Your First Property

Real Estate, ,
With the right combination of strategy, knowledge, and luck, flipping houses can create big profits for short-term investors. However, your path to success starts at your first auction. For first-timers who are intimidated by their lack of experience at public auctions, follow these steps to ease the confusion of your first property purchase. Locate Auctions In Your Area Finding live auctions is as simple as an internet search. Websites run by government agencies list homes that have been seized due to tax liens or foreclosures. Try searching databases maintained by: Fannie Mae The FDIC The US Department of Housing and…
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28 Jan 2019
By Aadil Nathoo

What’s Ahead For Mortgage Rates This Week – January 28th, 2019

Financial Reports, ,
Last week's economic news included readings on sales of previously owned homes and weekly readings on average mortgage rates and new jobless claims. A scheduled report on sales of new homes was not available due to the government shutdown. National Association of Realtors®: Sales of Pre-Owned Homes Lowest in 3 Years Sales of previously owned homes fell in December and failed to meet expectations. 4.99 million pre-owned homes were sold on a seasonally-adjusted annual basis; analysts predicted 5.10 million sales based on 5.33 million sales in November 2018. December's reading showed the lowest number of sales since November of 2015.…
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25 Jan 2019
By Aadil Nathoo

5 Home Renovations That Really Raise Values

Real Estate, ,
There are many home renovation projects that can increase the comfort and visual appeal of a dwelling. Owners who plan to sell their home in the future, however, prefer to focus on projects that will return a healthy profit at closing. Here are 5 renovation projects that positively impact a home's resale value. Conversions It's easy for real estate agents to convince buyers to bid higher on properties with more bedrooms. Redesign the attic to easily add an extra bedroom without committing to a major construction project. This strategy works well for smaller homes or those in neighborhoods with multiple…
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