When people start thinking about buying a home, one of their first questions is often, “is renting or buying a house cheaper?” There are several factors that go into this calculation. Understanding how the true cost of renting vs buying works will help people make the right choice for their family. The True Costs AssociatedContinue reading “True Rent Vs. Buy Cost”
Tag Archives: california
Why Slashing Property Prices in California is the Solution for Making More Sales
Asking price for most home sellers is reducing at an alarming rate. Many sellers have to reduce their prices to ensure they remain in the market and the property off their hands. When companies are laying off workers and filing for bankruptcy, it is a no-brainer why the prices are plummeting. San Francisco, California, hasContinue reading “Why Slashing Property Prices in California is the Solution for Making More Sales”
Smart Building Strategies
Smart building is a long-term approach to recognize the relationship between the environment and its inhabitants. Smart buildings help owners understand what their tenants need. User experience is essential when designing smart buildings. Several strategies need to be incorporated to achieve this goal. Pillars of a Smart Building Strategy The smart building strategy should aimContinue reading “Smart Building Strategies”
New Affordable Housing Rules
The world of affordable housing can be a complex one. There are many rules and regulations that one must be familiar with when working in the world of affordable housing. Although, some people are advocating for a drastic change in these rules. The proposed change would switch from a voluntary to a mandatory approach toContinue reading “New Affordable Housing Rules”
New Housing Bubble in 2020
Financial analysts look at world economies in the wake of COVID-19 and anticipate a housing collapse to come. Some 2020 investors see the housing market as capable of striking global economies harder than COVID-19 did. The key ingredient that economists consider as they evaluate the housing market is cashflow. As of July of 2020, aContinue reading “New Housing Bubble in 2020”
Changes in Affordable Housing Grants
Affordable Housing Grant Programs are designed to provide houses at affordable rates to families who may need them. This program is having success in Los Angeles County and the Bay Rea where they are on track to receive more than $400 million this year. However, this is not the case for San Diego. The cityContinue reading “Changes in Affordable Housing Grants”
Will City Centers Operate the Same Post COVID-19?
City centers are the life of the party. Pre-COVID-19, people flocked to city centers all over the globe for work, leisure, and of course shopping! Currently, people aren’t making the commute to city centers and a lot of residents who live in city centers have relocated due to the current COVID-19 pandemic. Will things everContinue reading “Will City Centers Operate the Same Post COVID-19?”
Understanding Closing Costs After Purchasing a Home
The home buying process can be a rather complicated and frustrating process to go through. So it comes as no surprise that buyers often get surprised at just how much more they need to pay once a deal has been reached. This last step is called the closing cost. The closing cost process of buyingContinue reading “Understanding Closing Costs After Purchasing a Home”
An Increase in Home Buying Applications in 2020
When the COVID-19 crisis struck, everyone predicted the worst for the economy. News about looming crashes, recessions, and depressions became an everyday occurrence. The housing market was expected to be particularly hard hit by the crisis, with predictions of a 22% decrease in home purchases for the next few months. One can easily understand whyContinue reading “An Increase in Home Buying Applications in 2020”
The Impact of Technology on Real Estate
As mobile technology, automation, artificial intelligence, and big data revolutionizes almost every business and industry, real estate is also looking at big benefits and challenges. Here are a few ways that the age of post-big data technology is changing real estate. Social Media Presentation for Agents Just as many businesses and marketers can’t do withoutContinue reading “The Impact of Technology on Real Estate”
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