REPORT: U.S. HOMEBUILDERS HAVE FAILED TO KEEP UP WITH POPULATION GROWTH

Population growth has been outpacing that of housing construction in the U.S. for more than a decade. Residential Construction That’s according to the findings of a new report from the Up for Growth National Coalition, a group of real estate developers, owners, and builders of affordable housing, which suggests that developers will need to construct an additional 7.3 million homes in order…

SUBPRIME LOANS ARE MAKING A COMEBACK UNDER A NEW NAME

The subprime mortgage that were said to be responsible for the last housing crisis are making a comeback – but this time they’re being called “nonprime” loans. The new lending option has higher quality standards and is said to be a viable alternative for those with damaged credit ratings. One company expanding its nonprime loan offerings is Carrington Mortgage Services…

THE ART OF REAL ESTATE MARKETING

When you’re marketing your real estate agency, what are the most important factors you promote? Your listings? The number of sales your agency completed last year? The fact that you have the best agents in the area all under one roof? These things sound nice, but they’re not going to help you sell homes (especially if all you’re pushing are listings).…

REASONS WHY YOU SHOULD CONSIDER RENTING A SHIPPING CONTAINER

Whether you are moving houses and are in need of long-term storage, or you urgently need somewhere to keep your tools and equipment for an ongoing job, portable shipping containers offer you the convenience and security that you need. Depending on the needs that you have, you can opt to buy or rent a shipping container. In most cases, renting a…

HOW TO FIND NEW COMMERCIAL CLIENTS IN BUSINESS PORTALS

As a realtor, you’re always looking for new clients. This applies to not only residential clients, but commercial real estate ones as well. Chances are there are plenty of buildings in your area in which a business could locate itself, and you want them to be one of your clients. But how do you go about finding them? What’s the best way…

MORE PARENTS ARE HELPING THEIR KIDS WITH DOWN PAYMENTS

Millennials are increasingly expecting their parents for greater help when it comes to housing. A report from Apartment List that surveyed 13,000 people born between 1981 and 1996 found that 17 percent of them expect their parents to help them cough up a down payment on their first home. The survey also reveals that another 8 percent of millennials who aren’t students…

PROTECTING YOUR REAL ESTATE ASSETS LEGALLY

If you are invested in real estate, you should be aware that you have a higher risk of becoming the target of a lawsuit in our litigious society. In 2015 there were more than 15.3 million civil court cases filed (National Center for State Courts). As a real estate investor, your need is very real to legally protect yourself and your…

MILLENNIALS OPTING FOR APARTMENTS

Those who constitute as millennials differ but according to Census bureau, it is those born between 1982 and 2002, though most prefer to place the cut off age at 2000. The running assumption is that this population had graduated college and have their first jobs. Though it doesn’t cut across the board, this is the expected trajectory of those within…

ZILLOW IS PLANNING TO BUY UP HOMES, DO THEM UP AND SELL THEM ON

Real estate listings platform Zillow says it’s planning to buy and sell homes in the Las Vegas and Phoenix areas as part of a major change to its business model. The company is working with Berkshire Hathaway and Coldwell Banker to make offers on suitable homes, before selling these to buyers. Zillow will pay commissions and also “make necessary repairs and updates and list…

HOW WALABOT CAN ASSIST WITH DIY HOME PROJECTS

Walabot is one of the slickest new gadgets out there right now. It’s essentially a stud finder with expanded smart capabilities. It attaches easily to your Android phone with a supplied magnet and can be used to make a map of the inside of your home’s walls. The Walabot uses RF radar technology to locate important structures up to four inches deep…