Every month, we share the best resources for real estate professionals to get a leg up on the market. These articles will help buyers and sellers to be better prepared for changes in the real estate market.
1. Marketwatch – Home builders are struggling, and it’s not just because new houses aren’t affordable
Summary – Experts believe that mortgage rates will drop due to the Fed interest rate reduction. However, economic uncertainty and high prices across the country keep buyers of new homes on the sidelines.
2. National Association of Realators – NAR Existing-Home Sales Report Shows 1.5% Increase in September
Summary – Home sales have increased this month, partly due to decreased morgage rates. Prices have increased in most regions, but have declined by 2.1% in the Midwest.
3. Moneywise – Business mogul Ben Mallah claims he’s earned ‘infinite returns’ on American real estate even though he ‘never touches the money from a sale’ — here’s the method he uses
Summary – Real Estate Mogul and Youtube personality Ben Mallah discusses refiniaceing and 1031 Exchange tatics to build wealth in real estate. These techniques are useful to both large and small investors alike. Check out his youtube channel for more educational and entertaining content.
Despite these industry-wide changes, real estate is a highly localized industry. There are still good deals in local markets across the country, especilly in foreclosures and other real estate auctions. These are open to the public and are favored by investors who are willing and able to act quickly to seize the oppurtunity. Top proffesionals check our property listing pages frequently to stay up-to-date in their markets. Bookmark our page and subscribe to email updates to stay ahead of the competiton.
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