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Gerald Lucas

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Credit Score You Need To Buy A Home, The Perils Of Renting To Family & Friends, Housing Inventory Continues To Move In Which Direction?

August 20, 2024 Gerald Lucas

Credit Score You Need To Buy A Home

Real Estate Tip:

It's generally not a good idea for landlords to rent to friends and family--mixing business and family can be very painful and costly in many ways.

Real Estate News:

With 36.6% more homes actively for sale than this time last year, July marked the ninth consecutive month of housing inventory growth across the US.

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Tags Gerald Lucas, real estate tips, real estate strategies, credit score, mortgage, conventional loan, USDA loan, VA loan, FHA loan, jumbo loan
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Key First Step Many Home Buyers Miss, Important Landlord Budgeting Tip, Mortgage Interest Rates Drop!

August 13, 2024 Gerald Lucas

Key First Step Many Home Buyers Miss

Real Estate Tip:

Landlords should plan for seasonal property maintenance in their annual budgets for things like leaf and snow removal, tree trimming and air conditioner maintenance and repair.

Real Estate News:

Mortgage interest rates in the US recently hit their lowest level in over a year.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage, mortgage loan, mortgage pre-approval
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What The July 24' Fed Meeting Means For Housing?, Landlord Tip To Save Money On Your Water Bill, Eviction Notices Ramp Up

August 6, 2024 Gerald Lucas

What The July 24' Fed Meeting Means For Housing?

Real Estate Tip:

Install water-efficient fixtures in your property, like low-flow shower heads and faucets, to lower your water bill by reducing your water usage.

Real Estate News:

Tenant eviction notices were up more than 15% compared with before the pandemic in 33 US cities.

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Tags Gerald Lucas, real estate tips, real estate strategies, Fed, open market committee meeting July 2024, unemployment, interest rates, mortgage rates, inflation, labor market, supply, demand
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