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Gerald Lucas

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How ADUs Are Making Housing More Affordable, Real Estate Deal-Making Preparation Tip, Tech Companies Reduce Office Space Footprint

October 18, 2022 Gerald Lucas

How ADUs Are Making Housing More Affordable

Real Estate Tip:

Do all your homework BEFORE you make your first offer to purchase a property.

Real Estate Insight:

Meta, Airbnb shed office space as they adjust to pandemic-related changes.

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Tags Gerald Lucas, real estate tips, real estate strategies, housing activity, affordable housing, single family homes, accessory dwelling unit, ADUs, single family home, zoning codes, local
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What Big Drop In Lumber Prices Means For Real Estate, The Correct Way To Present A Real Estate Deal, Lumber Prices Finally Fall

October 11, 2022 Gerald Lucas

What Big Drop In Lumber Prices Means For Real Estate

Real Estate Tip:

Provide multiple comparable sales, with photos, addresses and detailed information when you present a real estate deal to an investor, lender or JV partner.

Real Estate Insight:

Lumber prices have fallen to their lowest level in more than 2 years back to the cost it was before the pandemic building boom.

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Tags Gerald Lucas, real estate tips, real estate strategies, home buyers, home, lumber prices, renovations, home repairs, housing activity, affordable housing, wood framing, pandemic, single family homes
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How NIMBYS Have Made Housing More Expensive, Property Management 101, # US Home Sales Drop, Home Sales Prices Climb

July 26, 2022 Gerald Lucas

How NIMBYS Have Made Housing More Expensive

Real Estate Tip:

A property owner must manage his property manager--regardless of how much responsibility you choose to delegate, when you own property, the buck ultimately stops with you.

Real Estate Insight:

US housing sales dropped in June as the median sales price of an existing home climbed to $416,000.

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Tags Gerald Lucas, real estate tips, real estate strategies, NIMBYs, NIMBYism, zoning ordinances, high density housing, affordable housing, real estate market, townhouse, McMansion, buildable land, homeowners
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