Tag: Real Estate

Investors Eye Parking Spaces for Bigger Profit Real estate investors are utilizing parking spaces as lucrative investments in some major metros across the country. Buying up individual parking spaces is garnering greater interest among small investors who are looking for a low-maintenance investment with potentially big profits, The New York Times reports. For investors, parking spaces can …

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Mortgage Rates Mostly Flat This Week   Mortgage rates mostly held steady this week after posting a sizable jump last week. “Following a strong surge last week, rates held relatively flat this week,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate remained unchanged at 3.94 percent, while the 10-year Treasury yield dipped …

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Tax Reform Bill Would Cap MID for New Mortgages The Republican leadership in the House has released its long-awaited bill to reform the nation’s tax code, and it raises significant concerns for middle-class homeowners because of limits on the mortgage interest deduction and the deductions for property taxes and state and local taxes. “This legislation …

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Seller Negotiation Tactics That Can Backfire Homeowners should not become overconfident in a seller’s market, or they might end up sabotaging their sale. Realtor.com® recently featured common home seller negotiation tactics that can backfire, including: Starting a bidding war. “If mishandled, people may assume the worst, and the best offer may walk away,” Sep Niakan, broker-owner …

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5 Horrors at Home Showings   From the artwork to the odor, your listing may be inadvertently giving buyers the creeps. Realtor.com® recently interviewed real estate professionals about the items that have scared off their buyers the most during showings. Here are the top five spooks. Doors with too many locks. If the doors have …

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When to Drop Your Listing Price Though low inventory is prompting buyers to raise their offers in order to beat out competitors, you still want your sellers to know: an overpriced listing will linger on the market. Buyers pay attention to time on market and may erroneously assume something is wrong with a property that …

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