By Meghan Belnap Some house flippers use short-term financing to buy a house in need of renovations, but it can have a higher interest rate than other types of financing. It also costs a flipper money in the form of daily interest charges. Other house flippers use their own cash reserves to buy a property. In both situations, many flippers are focused on selling...
Santa Claus' North Pole home got a face lift! Thanks in large part to a 2013 remodel and updated Zillow listing, the jolly guy's home increased 6.5 percent in value to $710,559 compared to last year's Zestimate. The 2,500-square-foot home was added to the site last December; the listing has since been updated with home facts and new photos. This has contributed to...
In the downturn, foreclosed homeowners moved to rent; now, Americans with debt and idle incomes are living in rentals, too. According to the Pew Research Center, renters have soared to 43.3 million in the last 10 years. What are renters seeking today? According to recently released research out of the National Multifamily Housing Council (NMHC), apartment dwellers...
Student loan debt and rising rental prices are standing in the way of millennials who want to buy their first home; however, these challenges are being overcome via some unconventional methods. Millennials are getting creative and finding sources for their down payment by any means necessary. But are these methods hurting the millennial generation financially? These...
The ultimate day of shopping is almost upon us. Black Friday deals have already been announced all over the internet, and Cyber Monday isn't far behind. But how can homeowners benefit from these deals? Well, many of the discounts this year are on smart home devices. Tech is taking over today's household—connecting phones, lighting, thermostats and more with speakers...
By Craig Middleton Over the last couple of years, rehabbing TV shows have become increasingly popular. In these shows, people fix or introduce new features to their homes while adding substantial market value to the house in the process. If you own a home, you can make many of these types of fixes or additions to increase the value of your home, too. You can also...
Are you adding to your database, or are you capitalizing on it? In the latest RISMedia ACE webinar, "Capitalizing on Your Most Valuable Asset: Your Database," moderated by Verl Workman, CEO and founder of Workman Success Systems, and sponsored by IXACT Contact, the database was in the spotlight. A contact list? Far from it. "At the heart of what we do as a brokerage...
If you're hoping to make moves in New York's gorgeous Clinton Hill district, this newly listed three-bedroom apartment offers plenty of light, as well as views of Clinton Hill and Prospect Heights. The pre-war apartment, located at 51 Clinton Ave, Apt 5B is full of sun and open space. Eleven massive windows soak the open rooms in light, from the soaring ceilings...
The world is changing quickly, adapting to a consumer demand for automation and immediate gratification. This is especially true in the real estate world. More traditional agents are falling behind as the younger, tech-savvy generations use innovative tools to outperform the competition. New applications and artificial intelligence systems are making their way into...
It's the most wonderful time of the year again: Thanksgiving season! As a special thank you to everyone for being such loyal readers, we're giving you a chance to win a $100 gift card! Every day, over the next 10 days, you'll have the chance to enter to win. We'll post several links, as well as one question, each day. Here's how to enter: Share any one link that we...
