Biggest Renovation Mistake Landlords Make, Important Rehab Cost Estimation Principle, Redfin & Compass To Fire Many Employees

Biggest Renovation Mistake Landlords Make

Real Estate Tip:

When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property.

Real Estate Insight:

Redfin and Compass announced layoffs--8% and 10% respectively.

#1 Sign Someone Will Be A Bad Tenant, The Best Contractor Payment System, NJ Unsold Inventory Increase Almost 50%

#1 Sign Someone Will Be A Bad Tenant

Real Estate Tip:

Only make small payments to real estate contractors as they satisfactorily complete mutually agreed upon milestones.

Real Estate Insight:

NJ’s unsold home inventory continues to rise, increasing 44% since January 2022.

Huge Risk To Buyers Of Newly Constructed Homes, How To Maximize Low Interest Rates, Credit Conditions Change For Builders

Huge Risk To Buyers Of Newly Constructed Homes

Real Estate Tip:

When interest rates are low always borrow for the longest term you can negotiate.

Real Estate Insight:

Credit conditions tightened for builders and developers in Q1 2022 as indices from the NAHB and the Federal Reserve indicate tightening credit conditions for the first time since mid-2020.