Category: Real Estate Trends

Justin Landon is leaving a comparable executive position in Kentucky for a new adventure in the famed Lone Star State.

The housing situation in Detroit is raising eyebrows. Statistically, prospective homeowners are thrice more likely to have their loans denied in Detroit than anywhere else in the country. This rate is often attributed to appraised home values, i.e., the collateral, being deemed inadequate. To put things into further perspective, the city’s loan denial rate is double Michigan’s state average. This clearly indicates a concerning trend in Detroit’s housing market.

Before venturing into the realm of real estate investment, it’s crucial to understand the tax nuances associated with your strategy. Your reported profit should accurately reflect your rental income, as underdeclaration can lead to complications if you face a tax audit in the future.

After stepping away from the industry for a span of three years, Josh Team, who previously held a key executive position at Keller Williams, marks his return to the field.

Following stringent regulations imposed on short-term rentals in New York and the subsequent prohibition in multiple markets, the legalities surrounding these properties have become increasingly complex. However, we have formulated a trio of effective strategies that not only ensure legal propriety but also promise profitability.

In 2022, the Suarez Team successfully sealed deals amounting to $210 million.

In response to accusations from some litigation attorneys, NAR interim CEO Nykia Wright chose to clarify the facts surrounding agent commissions.

Thomas DiNapoli, the State Comptroller, is urging eXp to initiate an independent probe to scrutinize allegations of sexual misconduct and harassment.

Most urban areas are currently witnessing a return to the usual annual rent increase of 2-4%. Interestingly, some metropolitan regions such as Austin and Miami are experiencing a decrease in yearly rents.

Every day in the U.S., an approximate 10,000 individuals reach the age of 65. Yet, those of the baby boomer generation aren’t maximizing the resources potentially beneficial to them in securing or sustaining homeownership.