Tips for First Time Real Estate Investors
Posted by Judy Orr on
Despite the bleak economic forecast for some industries, real estate is gaining traction. Trends such as "18-hour cities" and millennial parents increasingly moving from urban areas out into the suburbs, according to the Urban Land Institute's 2016 Emerging Trends in Real Estate report released earlier this year, indicate that real estate as an industry is gaining strength with each passing day. "The next 24 months look doggone excellent for real estate," according to one lending officer at a prominent financial institution.
Because of these tendencies, Scottsdale real estate is a good area to invest and develop your wealth. Because of the housing crisis, flipped homes tend to sell fast and for a premium price, and the growing demand for rental…
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Are you a recent grad thinking about buying your first home? Tread carefully. Although the historically low rates for a home may give reason to salivate, you want to take a closer look. With the FED’s plans to slow down the “quantitative easing” (QE3) over the next year as announced last month, we may soon see long-term interest rates going up. It may seem like a good idea to jump on the low interest rates before they go up. However, if you have student loan debt, it is critical that you consolidate your loans now. With that said, here are some considerations to ponder before buying your first home.
The video below is a funny rap video put on by REALTOR® Brian Block, who works in Northern Virginia and Washington D.C. It has always seemed like the D.C. market was hot compared to other areas, even when it was cooling off during the recession. According to Brian, in his area 'houses gettin' sold!"
