Many people enter the world of real estate investment with the hope of making extra money without having to spend a lot of time. Although buying rental property and collecting checks from tenants might seem like an easy path to financial stability, the reality can be a bit more challenging.2
Virtual reality (VR) is expected to shake up the real estate industry in the same way that internet real estate listings did. In fact, it might not be long before buyers can view their next house or apartment using a VR headset.
Many millennials still live at home with their parents. However, this doesn’t mean people born between the years 1981 and 1997 don’t want to own their own homes. In fact, a Realtor.com survey revealed that 61 percent of first-time homebuyers are under the age of 35.
As often happens during economic cycles, the dynamics of real estate markets in the U.S. have changed once again. Investors who look to buy homes at low prices and sell them at the top of the market have already missed the boat and are now facing increased competition.
With the new administration underway, Donald Trump is already working on a new tax plan. Analysts at Baker Newman Noyes, a leading national accounting and consulting firm, have reviewed President Donald Trump’s vision for tax reform and predict that the changes to the tax code will have significant impacts on the real estate and construction … Read More
Although tiny homes are still illegal in many places across the U.S. because they often don’t meet zoning and building standards, some cities are starting to change ordinances to allow the downsized dwellings. In some places, entire tiny home communities are developing.
As real estate magnate Donald Trump begins his term as president in 2017, there are likely to be some big changes on the horizon for the U.S. housing industry. Over the past year, housing markets across the country saw healthy increases in home values, thanks to low interest rates, lower gas prices, stronger wage growth, … Read More