3 Ways To Lower Mortgage Payments, Simple Tip For Estimating A Property's Operating Expenses, US Condo Prices Post Biggest Decline In Over A Decade

3 Ways To Lower Mortgage Payments

Real Estate Tip:

One way to estimate the operating expenses of a previously owned property is to call the local utility companies and ask for historical gas, electrical and water usage info.

Real Estate News:

Prices for US condominiums posted their biggest annual decline since 2012 in 2025.

When Will Mortgage Rates Go Down?, The Perils Of Overpricing, Mortgage Delinquencies Surge

When Will Mortgage Rates Go Down?

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate Insight:

In November, approximately 1.6 million homeowners were more than 30 days past due on their mortgages, leading to a national delinquency rate of just over 3% which represented a 3.5% increase from October's total, while loans 60 or more days late saw an 11% surge.