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.”

Outdoor Home Improvement With Highest ROI, Rule #1 When It Comes To Property Mgmt Companies, Red October On The Horizon??

Outdoor Home Improvement With Highest ROI

Real Estate Tip:

When you hire a property management company to manage your property, make sure you require the individual or company to sign a written agreement that spells out roles, responsibilities & payment terms.

Real Estate Insight:

$8B of multifamily commercial mortgage-backed securities is coming due in the second half of this year, with some in real estate predicting a “Red October” because of expected mortgage defaults.

The Best Security For Your Property, G's Rule Of 3 For Property Renovation, US Homes Sale Decline Again

The Best Security For Your Property

Real Estate Tip:

When you renovate a property, get multiple bids from several contractors--prepare a set of bidding instructions with a detailed scope of work, a start and finish date so you can compare bids effectively.

Real Estate Insight:

US home sales declined in July for the fourth time in 5 months.