Our weekly round up of real estate links we love...
REAL ESTATE NEWS
Student loan debt is creating a barrier to homeownership. About 45 million people in the U.S. have student debt, with the average borrower owing more than $30,000 according to Student Loan hero, a resource for managing education debt. Nearly one-fifth of borrowers owe $100,000 or more, according to data from the National Association of REALTORSⓇ...read full article here
First-time buyers were 30% of sales in March; Investors purchased 15% of homes; All-cash sales were 20% of transactions; Distressed sales were 4% of sales.
The economics of home buying are getting interesting, thanks to higher mortgage rates, tax changes and a supply-demand imbalance...read full article here
REAL ESTATE INVESTING TIPS
As with every business, a successful real estate business is a team sport. The best teams win the most. And the best leaders surround themselves with smarter people than themselves all the time. It is that simple….read the full article here
Today’s home renters - young millennials and middle-income couples and families - can often become tomorrow’s buyers. Foster good relationships with tenants in your single-family rental (SFR) from day one and you will be first on mind when they are ready to buy a home, bolstering the fix and flip side of your business...read full article here
HOME IMPROVEMENT TIPS
Is your home decor looking a little drab? Perhaps you grew weary of the whole look some time ago, but you haven’t had the time, money, or inspiration to redo it. But here’s something that’ll cheer you up: Enlivening your interiors can be done in three hours or less...read full article here
In addition to the obvious benefits to the triple bottom line - people, planet, profit - [here] are 10 aspects of today’s world intended to help real estate professionals understand that green real estate (also known as efficient, high-performance or sustainable) is the new normal, and has reached its tipping point for awareness, adoption and market penetration...read full article here
Anything from HVAC system breakdown to a flooding basement can cause financial stress for homeowners. When crises occur, homeowners can find themselves in a financial pinch and need to rely on professionals like a general contractor to get the issued fixed quickly. These type of unforeseen incidents typically result in significant expenses, but with proper planning, you can avoid draining your bank account...read full article here