What The July 24' Fed Meeting Means For Housing?, Landlord Tip To Save Money On Your Water Bill, Eviction Notices Ramp Up

What The July 24' Fed Meeting Means For Housing?

Real Estate Tip:

Install water-efficient fixtures in your property, like low-flow shower heads and faucets, to lower your water bill by reducing your water usage.

Real Estate News:

Tenant eviction notices were up more than 15% compared with before the pandemic in 33 US cities.

Are Houses Or Condos A Better Investment?, The Dangers Of Use & Occupancy Agreements, How Much Did Existing Homes Sales Change Last Year?

Are Houses Or Condos A Better Investment?

Real Estate Tip:

If you allow the seller to stay in a property you are buying after the closing, make sure you have an airtight occupancy agreement that clearly spells out the dates of occupancy and the consequences of failure to abide by those dates.

Real Estate News:

Existing home sales in the US fell 19% in 2023.

Why Adaptive Reuse Is Important To Lower Housing Costs, Poor Home Design Features To Avoid, NJ Homes Sales Fall Sharply

Why Adaptive Reuse Is Important To Lower Housing Costs

Real Estate Tip:

Avoid poorly designed homes--this is often referred to as functional obsolescence. Functional obsolescence reduces the desirability of your home and makes it more difficult to sell. Here are some examples that you should steer clear of: 1) No bathrooms on first floor

2) Bedrooms with no closest

3) Knob-and-tube wiring or fuses instead of a circuit breaker box

4) One outlet per room

Real Estate Insight:

The number of NJ home sales have declined for the past 25 months, falling by 20% in June.