Is It Smart To Subdivide A Property?, Real Estate Auction Risks Explained, Surprising New Homeowner Trend

Is It Smart To Subdivide A Property?

Real Estate Tip:

Be very careful if you participate in a real estate auction. Auctions encourage impulsive behavior and at most auctions there's usually someone dumb enough to pay too much for a property-- better to let that person win. No one ever got rich paying too much for something.

Real Estate News:

More than one-third (34%) of U.S. homeowners say they'll never sell their home, and another 27% say they wouldn't consider selling for at least 10 years.

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.