Category: Real Estate
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Here It Comes: San Francisco’s AI Deed Rush
San Francisco, California, now has the priciest housing market anywhere in the United States. Plenty of San Francisco homes now fetch $2 million—and higher. (The national median is about $450K.) Sale prices in San Francisco are up 14% in just one year. Condos are up 27% year-over-year, with the typical unit going for well over…
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Could Your Home Equity Help Your Adult Child Get a Deed?
Hard to believe 30-year, fixed mortgage rates were under 3% six years ago. Today’s rates are well over 6%. And, according to new Census figures, home prices are averaging above a half-million dollars as we go to press. So if your adult child is struggling to save for a home, well… no wonder. Meanwhile, perhaps…
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The Nest Egg Protection Act and Other Capital Gains Tax News
This month, U.S. Rep. Nicole Malliotakis, a Republican from New York introduced H.R. 9064, the Nest Egg Protection Act, to the United States Congress. It’s a capital gains tax relief proposal. It would double the current exclusion for eligible older deed holders who sell their homes for a profit. The concept? People who acquired…
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Is Now a Good Time to Start a Short-Term Rental Business?
Have you been mulling over the prospect of renting out part of your property on a home-sharing platform? Many deed holders use platforms like Airbnb and Vrbo® to rent out backyard cottages, guest rooms, and vacation homes. Using the “air mattress bed and breakfast” model, you can offer rooms for overnight bookings, get exposure…
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21st Century ROAD to Housing Act Signing Put on Hold.
Donald Trump just declined to sign the bill as scheduled. Trump said he would not sign the bill until Congress acted on the SAVE America Act. Speaker Mike Johnson says the bill will get Trump’s signature within 10 days. But White House press secretary Karoline Leavitt advertised today’s bill signing just this Tuesday. The abrupt…
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Foreclosure Timeline: What to Expect and How to Regroup
Housing costs don’t just make a deed hard to get. They can also make it a challenge to keep. Before we get to the mortgage foreclosure timeline, let’s work backwards and think about what can be done if you believe foreclosure could be in your deed’s future.
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The Lowdown for the First-Time Home Buyer: Best Advice We’ve Heard
Hindsight is 20/20. That’s why we can learn so much from people who’ve already acquired their deeds. What key piece of wisdom would they have loved to hear at the start? So here it is. A collection of the best thoughts we’ve heard from seasoned homeowners.
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What’s a Real Estate IRA (And Is It Worth Having)?
Is a real estate IRA worthwhile? It’s a question worth exploring. While we cannot give you investment advice, we can introduce you to the nuts and bolts of a real estate IRA. Then you can decide whether to continue pursuing the idea. Real estate is a solid asset. It can exist within an individual retirement…
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Look Who’s Coming for Home Seller Information: Google Expands Real Estate Listings in Search.
There’s some big news out there, involving how we all search for homes. Google real estate listings are back. You might see them if you use Google Search on your phone. After an eight-market pilot, Google and HouseCanary are expanding home listings in mobile search across the United States. It shows listings for greater San…
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Looking for a 3D-Printed Home? Wells Fargo Has Mortgages with Lender Credits
Wells Fargo just said it’s ready to issue mortgages on homes built with 3D printing technology. The Austin-based startup ICON, now a leading U.S. robotic construction firm, is building the homes. At a prior ICON-built development in partnership with Lennar, the financing was handled by Lennar itself. Now, Wells Fargo will issue loans for ICON…
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Pro-Consumer Trend: New York to Ban Private Listings, Making More Homes Visible to Buyers
Most people visit real estate websites when they kick off their home-buying process. In New York, a proposed state law would ensure they can actually view everything that’s for sale. The New York state Senate just unanimously passed the Fair and Transparent Real Estate Listing Act. If signed by the governor, real estate agents…
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Struggling With Your Mortgage Payments in a Harsh Economy? Not All Promises of Help Are Legit.
There are deep problems in the U.S. housing economy—including for deed holders. And today, for many households coping with inflation, oil price surges may be the last straw. This financial pressure will likely create many more targets for the grotesque business of promising mortgage relief in order to snatch equity from homes. You might have…
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States Have Been on a Housing Affordability Roll. Can Cities Stop Standing in the Way?
Just a few months ago, we reported on state lawmakers stepping up for housing affordability and creating big, bold changes. If Congress is slow to act, at least the states can bring relief to the people. Optimism, and the winds of change, have gained strength. Texas even passed a law to stop small groups of…
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Read and Keep This Info: A Deed Holder’s Disaster Preparation and Recovery Guide
The scout’s motto works well for the homeowner. Be prepared. Know where you can receive the kinds of services and support that enable deed holders to rebound after a disaster. You might like to bookmark this page for future reference. You might also wish to go through its content with other members of your household.
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Real Estate Investment Apps Are Targeting Nervous First-Time Investors
TikTok and YouTube influencer “Jackie The Happy Investor” has launched an app by the same name. The online tool promises to help small investors analyze potential investment properties like a pro. Users can assess homes, examine comparable properties in detail, and break down repair costs and net values. Paid access to the platform also includes…
