As America grows more diverse so does the housing market. The numbers of minority home buyers are increasing steadily and real estate agents who specialize in helping minority home buyers can expect a strong market. Minority home buyers include Hispanics, African-Americans and Asian-Americans as well as other immigrants. Learn about some minority home buying trends here.
HUD sets home ownership rate goals for Fannie Mae and Freddie Mac to enable each year and the two met the housing goals consistently. To increase rates of home ownership, Fannie Mae and Freddie Mac try to encourage banks to make home loans to low-income and minority Americans. Learn also how home ownership benefits a community.
Selling a home often depends on the quality of your real estate agent. Just because a real estate agent advises a seller to lower the price of the home doesn't mean he or she doesn't have your best interests at heart. Talk with your real estate agent about what your needs are what he or she has done to market your property and help you sell your home.
With gas prices rising and wholesale prices rising, it seems like interest rates will be rising before long as well and that could take a big bite out of your wallet.
How do you get started as a real estate agent? It can be a great job, if you're will to put in the work. After getting your license, learn from the masters. Start working as an assistant to a top agent and learn the ropes.
Often new construction companies and builders partner with a lender. The only way to figure out if they are offering the best deal is to shop around to other lenders. Do your homework and research what the best lenders in your area are offering. Then, you can go to the builder's lender and negotiate the best deal possible.
Why might a market value for a home be so much higher than a tax assessor's value? It depends on how the tax assessor calculates the home value. Learn about the nuances that tax assessors may consider when determining a home's value.
