Real Estate

owning a house

Will the Cost of Owning a House Go Down Soon? Not Likely

In 2020, while the pandemic raged worldwide, the housing market in the United States remained very busy. Lower mortgage rates allowed more people to take out loans and invest in real estate properties. It caused a boom; whereas other industries went quiet as businesses closed one by one, the housing market gained more value. It was a record-breaking year for home sales. Now that the country is on its way back to normal, the housing market is showing no signs of slowing down. Price of a House However, in the past year, the cost of becoming a homeowner also went up. Because there were more buyers in the market thanks to the lower mortgage rate, listings were immediately snapped up. There were even auctions that further elevated the price of a house for sale. Some investors admitted that they bought homes before they even saw them. In the past year, the demand for housing significantly exceeded the supply of houses across the entire nation. In fact, the

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real estate concept

The Pandemic Solution: How COVID-19 Changed Home Selling

There are a lot of things that the pandemic has changed. More than a year has passed and a lot of things have begun to look different. Jobs can be done from home, people found they can stay more frequently at home, and there are a lot of normal processes that have been changed from before. In a world that’s still adjusting from COVID-19, a lot of processes have been re-adjusted to become completely new. Safety and social distancing are not just enforced; they should be second nature. Real estate agents have found new ways of doing things using technology, and real estate stood to benefit from it. Tried-and-tested yet traditional processes have given way to disruption through tech. Open houses, site visits, and client meetings have all started to look a little different due to the advances forced by the pandemic situation. Take a look at what’s been going on in the industry. People will buy homes, pandemic or not When the pandemic started, many industries

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house for rent

Are You Ready to be a Landlord: Rental Property Purchasing

Renting out a house can be a very reliable way to make a secondary income. As long as you find good tenants, the house will only appreciate in value as it will be well looked after. Buying a property to rent or lease is a good way to invest your money as there will always be a market for people needing homes. In a crisis, you could sell the secondary property and make back the money you spent plus a profit. When you are looking for a suitable property, make sure to look from the perspective of someone who wants to live in the home. It may be cheaper for you to buy a rundown house, but you will not be able to find many reliable people who will want to live in it without major remodeling investments from your end. Look for a nice home in a great neighborhood that you would want to live in as well. This will ensure that you get the best

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home and hands

Changing Perspectives on Property Management

The pandemic has made an impact on different businesses, including property management. As the world has adjusted to the so-called “new normal,” home and land property managers and owners look into the newest trends. Before the pandemic, the real estate industry has embraced short-term rentals. However, the health crisis has forced property managers to change their approaches to doing business. What is in store for property management post-pandemic? And what is the impact of these changes, and the likely result? Here are options property managers can look into after COVID-19. Staycations will be part of the new normal. Anyone who has gone through 2020 would want a holiday now. People have been locked down in their homes, with work and school done in a limited space. Most planned holidays in 2020 were postponed or canceled. Although many territories have opened their doors to travelers, the threat of the virus is still apparent. The desire for people to have a vacation will heighten as the pandemic stretches. After spending months (or a year)

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house for sale

Buy a Home at the Right Time: Whenever You’re Ready

Buying a home for the first time can both be exciting and pressurizing at the same time. Of course, this kind of serves as one’s token of success. You’ll be able to look at your new home knowing that you’ve worked hard for it. But, since it’s a life-changing decision, you also need to consider a lot of things. On top of that, a single property would cost a lot of money as well. And with the current pandemic, there are always changes happening in various industries. So, how would you know if you’re ready to take such a big step? Buying A Home The rewarding feeling of knowing that you have a place to call your own: That’s pretty much one of the main reasons people choose to buy their own house. Along with that, it also gives off this sense of freedom. You’ll be able to make changes anywhere you’d like. You might want to paint the walls, add lots and lots of decorations, and

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couple happy after purchasing house

Real Estate Tips: Effective Ways to Capture the Millennial Market

You may want to ignore them. You may want to just forget about them. Millennials can certainly test people’s patience with their attitude. Born to Baby Boomer parents, this generation grew up at a time when cars were marked “Babies on Board”. But if you’re honest-to-goodness into real estate sales, you’d do well not to take them out of the picture. Why It’s simple actually. Stats show Millennials buy the most real estate compared to other generations. And they’re not stopping anytime soon. Housing experts predict the years 2020 and 2021 belong to millennials. So? Where does that leave you? If you don’t cater to the biggest chunk of the real estate market, you’d be losing the chance of cornering a share of that lucrative pie. The million-dollar question now is how do you make it happen. Thankfully, Dale Carnegie’s sales approach should bid you well. That’s how AICDC’s sales strategy should help you. Know millennials as digital natives are not the easiest to close. And that’s

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Recent Posts

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Will the Cost of Owning a House Go Down Soon? Not Likely

Will the Cost of Owning a House Go Down Soon? Not Likely

June 18, 2021

In 2020, while the pandemic raged worldwide, the housing market in the …

The Pandemic Solution: How COVID-19 Changed Home Selling

The Pandemic Solution: How COVID-19 Changed Home Selling

May 22, 2021

There are a lot of things that the pandemic has changed. More …

Are You Ready to be a Landlord: Rental Property Purchasing

Are You Ready to be a Landlord: Rental Property Purchasing

April 11, 2021

Renting out a house can be a very reliable way to make …

Changing Perspectives on Property Management

Changing Perspectives on Property Management

March 27, 2021

The pandemic has made an impact on different businesses, including property management. …

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