: CoStar News - CBRE's CEO Expects Real Estate Values To Drop Further Than Previous...
Potential for Stable Income: Commercial properties can provide a steady stream of rental income from businesses leasing the space, offering a reliable cash flow. Portfolio Diversification: Investing in commercial real estate allows you to diversify your investment portfolio beyond traditional stocks and bonds, reducing risk through asset allocation. Long-Term Appreciation: Historically,...
We're going to explore an exciting investment opportunity that has stood the test of time: land. Investing in land has been a popular choice for many savvy investors throughout history, and in this video, we'll discuss the compelling reasons why land investment continues to be a smart move in today's market. Whether you're a seasoned investor or just starting out, understanding the advantages of investing...
The technology is helping real estate pros more precisely target prospects who are most likely to move in the next 12 months. You might be able to find out who in your market is most likely to move in the next few months—even before they know. Predictive analytics aim to provide a crystal ball into the future buying and selling habits of prospects in your area, and so far, a large percentage of...
Borrowing costs may see temporary increases in the coming weeks but are expected to stabilize. Mortgage rates jumped this week, driven up by a record number of jobs and higher-than-expected inflation, says Nadia Evangelou, senior economist and director of real estate research for the National Association of REALTORS®. The 30-year fixed-rate mortgage averaged 6.32%, up from 6.12% last week,...
The national racial homeownership gap widened from 2010 to 2021, new data shows. But in some areas of the country, the gap has actually closed. Housing equality worsened in the decade since the Great Recession, a new analysis(link is external) shows, lending greater urgency to the commitment REALTORS® make to uphold fair housing laws. The national homeownership gap between Blacks and Whites...
The omnibus bill cleared Congress on Friday and now goes to President Joe Biden’s desk for his signature. Congress gave final approval Friday to a bipartisan bill to fund the government through Sept. 30, 2023, clearing the last major piece of legislation for the year. The bill now goes to President Joe Biden for his signature. Included in the bill are an extension of the National Flood Insurance...
As the economy improves, mortgage rates could dip as low as the 4% range, bringing buyers back to the market. The inflation rate has been calming in recent months, contributing to falling mortgage rates through the holidays. Consumer prices are still running well above the typical 2% inflation rate, but November’s level of 7.1% was the lowest in 2022. Decelerating inflation is the key reason for...
Selling your home is a big decision. But once you’re ready to make the move, nothing can break your stride. Except the market value of your home. Screech! Yep, that pesky number has stopped many a seller in their tracks over the past several years. So how do you know for sure what your home is worth? It’s as easy as 1-2-3! A Home Value Primer Before we dig into the steps, let’s take a...
Tip #1: List At The Right Place Realtors understand the market better and can typically list the house at the correct price. This gives home owners an advantage over listing the property themselves. Zillow and other methods of getting a home estimate online are rarely accurate. In Kansas City, a Zillow estimate is only correct 10% of the time. Realtors ensure better pricing. Tip #2: Better Home...