How Much Will You Make On An Airbnb Listing?, The Most Important Factor In Accurately Valuing A Home, Astounding Home Mortgage Rate Insight

How Much Will You Make On An Airbnb Listing?

Real Estate Tip:

90% of what goes into the current value of a residential property is what similar properties have sold for in the last 6 months—so the key to arriving at the most accurate estimate of your home’s current value is getting recent sold price comparables in your neighborhood.

Real Estate News:

More than 85.7% of homeowners with mortgages have a rate below the current weekly average of 6.46%, prompting many to stay put instead of selling and buying another home at a higher rate—a phenomenon called the “lock-in effect.”

Are Home Appliance Warranties A Good Idea?, How To Find The Best & Least Expensive Contractor For A Renovation Project, Big Tech Goes All In On Commercial

Are Home Appliance Warranties A Good Idea?

Real Estate Tip:

Get at least 3 difference contractor estimates on any real estate renovation projects you are considering taking on. Make sure each estimate is for exactly the same scope of work so you can make an apples to apples comparison.

Real Estate Insight:

Some of the biggest US companies including Google, Facebook & Amazon.com have begun using their vast stockpiles of cash to buy commercial real estate.

The Dangers Of Being An Airbnb Dependent Landlord, Efficient Renting Strategy, Mortgage Rates Rise

The Dangers Of Being An Airbnb Dependent Landlord

Real Estate Tip:

When you rent a property, set up all appointments to show the property at the same time--this saves you time and creates more urgency for tenant applicants to make a decision.

Real Estate Insight:

Mortgage rates rose above 3% for the first time since July.