In almost every facet of life, we spend time trying to avoid mistakes, everything from baking a cake to driving a car. The same should be true for renting an apartment, because mistakes made when renting an apartment can run the gamut from simply irritating to extremely costly. Like everything else, a little preparation and [...]
Most tenants looking for a place to rent will spend much of the time looking at what kind of space they’ll have inside the four walls of an apartment. That makes sense, since it’s what you will see daily, and there’s an important connection that needs to be made. But the space outside those walls [...]
Finding the right rental property can be very stressful. Renters spend most of their time searching for an rental unit that satisfies basic living needs, such as the size, look and location of the property. But if you don’t find a great landlord, you won’t enjoy living in your new home even if it has [...]
Real estate research predicts what new construction homes will look like twenty years into the future based on historical housing trends. Hello, central air conditioning and two-car garages. Goodbye basements and fireplaces! A recent real estate study from Porch analyzed census data from 1999 through 2016 to forecast new construction home building trends in the [...]
How did a Wells Fargo computer glitch force foreclosure on 400 homes? What does it mean for mortgage loans and the real estate industry? Wells Fargo has faced scandal after scandal for bad business practices, including creating fake customer accounts to boost sales figures, charging unfair mortgage fees and charging customers for car insurance they [...]
Record highs and lows in home sales during the second quarter in 2018 will make you think twice about buying and where the real estate market is headed. The latest from ATTOM Data Solutions, curator of the nation’s premier property database, reviews reports on sales in the second quarter of 2018. Similarly to my last [...]
A huge surge in venture capital funding for real estate technology means digital innovation is on its way and begs the question, what kind of projects are being funded? Venture capital funding for real estate technology ballooned from $1.8 billion in 2015 to $12.6 billion in 2017. According to the annual report from RE:Tech, a [...]
Wondering what threats await real estate this year (and in the future)? Scott Muldavin, Chair of the Counselors of Real Estate (CRE), ran down his annual list at this year's National Association of Real Estate Editors (NAREE) conference, in Denver. This story features the first 5 threats to real estate. Real Estate Threat #1 - [...]
Home buyers are out in force. Sellers are scarce. The number of homes for sale on the market is as low as it was more than twenty years ago. As a result of supply and demand, half of all housing markets are overvalued in terms of price. The median home price in San Francisco is [...]
What might be hiding in the fine print of your mortgage documents? In this reader’s case, a prepayment penalty that they may not be able to get out of. Q: I recently took out a mortgage to purchase my first home. It’s a condo. I went with a non-traditional lender that offered a loan about [...]
