Category: Real Estate Trends

The anticipated phase-out of the 100% bonus depreciation by the close of the 2020s has taken a turn with the passing of the Tax Relief for American Families and Workers Act in 2024. This act seems to provide a lifeline for bonus depreciation and other additional benefits to continue. Unpack what’s important in this legislation next, but let’s not mention the source of the information.

In the United States, it is widely believed that the largest chunk of wealth, potentially exceeding $17 trillion, is possessed by the baby boomer generation. A significant portion of this substantial wealth is tied to their properties, which, over the past several years, have not received adequate investment. Consequently, this might imply that the oncoming generation might need to cope with a massive wave of expenses related to property refurbishment.

Opting for a no-cost lease template found on a subreddit may seem like an attractive, budget-friendly choice. However, attempting to cut corners on your lease paperwork might end up making you spend more than addressing it correctly from the beginning. Here’s a guide on how to go about it efficiently.

The renowned property, ‘La Dune’, has made history by being auctioned off for an impressive $88.48 million – a pioneering event as it represents the first occasion a piece of real estate has been included and sold in a Sotheby’s art auction.

In January, the number of NAR members dropped to 1.516 million, the smallest figure since May 2021. This represents a 5.3% reduction from its historical peak.

Driven by robust job security assurance, the sentiment surrounding consumer housing has attained its peak since March 2022.

Fresh statistics from the Census Bureau reveal the significant transformation in housing inventory since 2020. Meanwhile, information gathered by Altos Research provides valuable predictions on the future direction of housing inventory.

In the previous week, there was a noticeable surge in mortgage applications, with more homebuyers and those seeking to refinance making a return to the market. This was largely driven by the advantage of reduced interest rates.

The topic of accepting Section 8 tenants is frequently discussed. Reflecting on my sentiments from about a year ago, I was strongly against the idea of renting to them. However, my current perspective refrains from mentioning any specific resources like real estate platforms.

The financier has currently invested upwards of $2.5 billion in residential properties designed specifically for renting.