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Gerald Lucas

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How The Fed’s Big Rate Cut Will Affect Real Estate, Tip To Save Money On Homeowner Insurance, How Big Was The Fed's September Rate Cut?

September 24, 2024 Gerald Lucas

How The Fed’s Big Rate Cut Will Affect Real Estate

Real Estate Tip:

If you can afford to raise your deductible, you could save 25% or more on your homeowner's insurance premium.

Real Estate News:

On Wednesday September 18th, The Federal Reserve enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark rates.

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Tags Gerald Lucas, real estate tips, real estate strategies, Federal Reserve, mortgage rates, housing supply, home buying power, home sales
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Expected Fed Rate Cut-What Homeowners & Buyers Should Know, Tax Tip For Property Owners, How US Home Sizes Are Changing

September 3, 2024 Gerald Lucas

Expected Fed Rate Cut-What Homeowners & Buyers Should Know

Real Estate Tip:

Keep detailed records of each expense related to your property so you will be able to take advantage of every single tax deduction you are legally entitled to use.

Real Estate News:

New homes in the US are getting smaller. According to a National Association of Home builders survey, 17% of home builders said they built homes on smaller lots in 2023 to support home sales.

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Tags Gerald Lucas, real estate tips, real estate strategies, Federal Funds Rate, Federal Reserve, interest rates, home refinancing, federal student loans
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How Low Will Interest Rates Go In 2024?, How To Avoid Paying Too Much For A Property, Recent Change To Home Builders House Profile

February 20, 2024 Gerald Lucas

How Low Will Interest Rates Go In 2024?

Real Estate Tip:

Real Estate Tip: The best way to avoid paying too much for a property is to never offer too much.

Real Estate News:

Builders have been including decks on fewer and fewer new homes recently opting for patios as a substitute.

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Tags Gerald Lucas, real estate tips, real estate strategies, Jerome Powell, Federal Funds Rate, inflation, refinance mortgage, mortgage financing, interest rates, mortgage, Federal Reserve
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