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Gerald Lucas

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Does FHA Discriminate Against Certain Borrowers?, Real Estate Local vs. National, NYC To Phase Out Fossil Fuels

January 18, 2022 Gerald Lucas

Does FHA Discriminate Against Certain Borrowers?

Real Estate Tip:

Look at real estate markets and trends locally, not nationally, every local real estate market is different.

Real Estate Insight:

New York City became the largest city in the country to agree to phase out fossil fuels in all new building construction.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage, FHA, National Housing Act of 1934, Federal Housing Administration, racist lending practices, Black neighborhoods
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Why Not Paying Property Taxes Is Riskier Than Missing Mortgage Payments, 2nd Real Estate Commandment, Multi-Family Rents Went Up How Much In The Last Year?!

January 11, 2022 Gerald Lucas

Why Not Paying Property Taxes Is Riskier Than Missing Mortgage Payments

Real Estate Tip:

Never fall in love with a property. Adhere to my 2nd Real Estate Commandment: Thou Shalt Use Logic And Never Let Emotions Affect Real Estate Decisions

Real Estate Insight:

Multifamily asking rents in the United States have expanded by an average of 11% year over year in 2021, the single highest increase ever recorded.

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Tags Gerald Lucas, real estate tips, real estate strategies, municipal liens, property tax liens, delinquent mortgage, foreclosure, tax collector, property taxes, mortgage
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2022 Housing Market Forecast, Adapt Or Perish, Multifamily Investors Change Their Holding Period

January 4, 2022 Gerald Lucas

2022 Housing Market Forecast

Real Estate Tip:

Adapt to the real estate market around you; don’t expect it to adapt to you.

Real Estate Insight:

Multifamily investors are lengthening their hold periods, as inflation fears and dearth of available product disrupt local real estate markets.

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Tags Gerald Lucas, real estate tips, real estate strategies, Omicron, mortgage rates, personal incomes, home sales, home prices, vacation homes, housing supply
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