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Gerald Lucas

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Gerald Lucas

  • Home
  • Blog
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    • An Unexpected Discovery
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Which is Better-Concrete Block Or Wood Framed Homes?, Obscure But Powerful Homeowner Insurance Tip, How This Year's Hurricane Season Is Affecting Homebuyer Demand

October 22, 2024 Gerald Lucas

Which is Better-Concrete Block Or Wood Framed Homes?

Real Estate Tip:

Find out if your homeowners insurance uses "actual cash value" method rather than "cost to replace" method to calculate a claim--if so, depreciation will be deducted from your settlement amount, resulting in lower compensation to you in the event of a claim.

Real Estate News:

Nearly one-third (32%) of U.S. residents aged 18-34 say they're reconsidering where they want to move in the future after seeing or hearing about the damage caused by Hurricane Helene.

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Tags Gerald Lucas, real estate tips, real estate strategies, insurance premiums, natural disasters, concrete block homes, wood framed homes, insurance, insulation, mold, wood destroying insects, termites
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Which Homes Had The Biggest Insurance Increases?, Feature That Most Good Real Estate Deals Have, How Mortgage Rates Moved This Week

October 15, 2024 Gerald Lucas

Which Homes Had The Biggest Recent Insurance Increases?

Real Estate Tip:

Most of the best real estate deals will involve properties that are in need of repair. In order to capitalize on these rehab deals, you or someone you work with will need to know how much time and money are required to renovate these properties.

Real Estate News:

The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in 7 weeks.

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Tags Gerald Lucas, real estate tips, real estate strategies, luxury homes, insurance premiums, natural disasters, insurance companies
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How Insurance Deserts Will Affect Home Prices, Slick Way To Cut Winter Heating Bills, Latest % Office Space Vacancy In Major US Cities

January 23, 2024 Gerald Lucas

How Insurance Deserts Will Affect Home Prices

Real Estate Tip:

In winter or when it's cold outside, reverse your ceiling fans to help circulate warm air that gathers near the ceiling. When the fan blades rotate clockwise, they push the warm air down to “reheat” the lower areas.

Real Estate News:

19.6% of office space in major US cities is not leased as of Q4 2023.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage, insurance deserts, home prices, climate change, catastrophic damage, wildfires, natural disasters, Geico, insurance premiums
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