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Gerald Lucas

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Overlooked Reason Home Prices Soared Over Pandemic, Do This BEFORE You Begin Renovating A Property, Price Point With Largest Supply Of Unsold NJ Housing Inventory

November 15, 2022 Gerald Lucas

Overlooked Reason Home Prices Soared Over Pandemic

Real Estate Tip:

Prepare a detailed plan of attack long before you begin renovating a property.

Real Estate Insight:

The largest supply of unsold homes in NJ is in the $1 million to $2.5 million price point.

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Tags Gerald Lucas, real estate tips, real estate strategies, home prices, pandemic, Institutional Investors, airbnb, VRBO, algorithmic buying
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How Mortgage Leverage Multiplies Homeowner ROI, Cheaper Alternative To Replacing Bathroom Tile, Rental Demand Falls

November 8, 2022 Gerald Lucas

How Mortgage Leverage Multiplies Homeowner ROI

Real Estate Tip:

Rather than replacing tile when you renovate a bathroom, consider glazing over old tile-it's cheaper and if done right can look as professional as new tile.

Real Estate Insight:

Americans are renting fewer apartments as demand in the third quarter fell to its lowest level in 13 years.

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Tags Gerald Lucas, real estate tips, real estate strategies, Mortgage, Leverage, ROI, Homeowner, home appreciation, cash-on-cash return
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When Will Interest Rates Go Down?, The True Value Of A Property, Second Home Demand Still Strong?

November 1, 2022 Gerald Lucas

When Will Interest Rates Go Down?

Real Estate Tip:

Ultimately, the true value of the property is what someone is willing to pay for it now.

Real Estate Insight:

Luxury Second-Home Demand Remains Above Pre-Pandemic Levels

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Tags Gerald Lucas, real estate tips, real estate strategies, interest rates, The Fed, inflation, recession
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