What $500K Gets You In Today’s MA Real Estate Market

Massachusetts real estate isn’t cheap, but there’s still some affordable gems out there. If you’re in the market for a home in Massachusetts and your budget is under $500,000, check out these options.

In Weymouth:

This home, listed at $435,000, offers water and Boston skyline views from nearly every room and includes a built-in bar for entertaining, multiple decks, an office nook and a master bedroom. View the full listing on realtor.com.

In Malden:

An Oasis in the city! This quintessential cape cod style home offers a life style of beauty, serenity and convenience and is listed at $480,000. View the full listing on realtor.com.

In Sudbury:

This beautifully maintained colonial is fresh and inspiring with handsome mill work, a beautiful new eat-in IKEA kitchen and recently renovated baths. Asking price is $499,000. View the full listing on realtor.com.

In Norwood:

This spacious and bright New England Colonial with an abundance of charm and detail is on the market for $497,500. View the full listing on realtor.com.

In Wakefield:

Sweet and charming New England Cape on a picturesque street for $469,900. The westside neighborhood is near Lake Quannapowitt, train, elementary school and Wakefield town center with great restaurants. View the full listing on realtor.com.

In Boston:

Miracle of miracles there’s a home on the market in West Roxbury for under half a million. This one was originally built in 1803, but it’s just been renovated and is listed at $490,000. View the full listing on realtor.com.

In Chelmsford:

Walking distance to Heart Pond, Bruce Freeman Rail Trail and three miles to the Cranberry Bog Reservation. This home, on the market for $429,000, has four bedrooms and a flat backyard perfect for those summer BBQs. View the full listing on realtor.com.


Renovated three-bedroom in Falmouth for $355,000. Close to bike path, Old Silver Beach and Megansett and less than a mile from Deep Pond. View the full listing on realtor.com.

All images via realtor.com.

Source Article

Want your commercial properties featured in the WBJ Commercial Real Estate Guide? – Wichita Business Journal

The deadline for our annual Commercial Real Estate Guide is today, so commercial Realtors, send those submission forms back.

The guide provides listings for commercial properies around the Wichita area. It’s free to subscribers, who will receive one in the mail later this summer.

Nonsubscribers can stop by our office at 121 N. Mead in Old Town to pick up a copy. They’ll be available on Aug. 24.

Also be sure to check out this week’s list of real estate auction firms in the Wichita area. McCurdy Auction LLC tops the list and Managing Editor Bill Wilson spoke to Lonny McCurdy about how technology has changed the auction industry.

Real Estate Auction Firms in the Wichita Area

Ranked by Total 2017 sales volume for real estate auctions in Kansas

Rank Name Total 2017 sales volume for real estate auctions in Kansas 1 McCurdy Auction LLC $45 million 2 J.P. Weigand & Sons Inc. $22 million 3 Sundgren Realty $19 million View This List

Source Article

MIDEAST STOCKS-Gulf stocks hit by real estate and bank reversal

DUBAI, May 27 (Reuters) – Gulf markets made a tentative start to the week, with Dubai and Abu Dhabi stocks weighed down on Sunday by profit taking in property and banking shares, which made big gains last week.

The Dubai index dropped 0.4 percent with shares in Emaar Properties down nearly 1 percent at 5.14 dirhams ($1.40).

The stock had risen to an intraday high of 5.42 dirhams on May 21 after a decision of the United Arab Emirates to grant residency visas of up to 10 years to investors and specialists.

But it has since lost most of those gains as investors remain cautious about the outlook for Dubai’s property market.

The Abu Dhabi index was hit by a reversal in First Abu Dhabi Bank shares following a rally in banking stocks which had been fueled by Emirates NBD’s deal to buy Turkey’s Denizbank from Russia’s state-owned Sberbank .

First Abu Dhabi Bank was down 1.6 percent and Emirates NBD was 1 percent lower.

Meanwhile, Saudi stocks were flat, hovering above the psychological barrier of 8,000 points as investors await a potential upgrade of the market to emerging markets status by index firm MSCI in June. ($1 = 3.6730 UAE dirham) (Reporting by Saeed Azhar Editing by Alexander Smith)

Source Article

Warren Buffett’s Berkshire Is Now America’s Second Largest Real-Estate Broker

Warren Buffett’s Berkshire Hathaway Inc. BRK.A -1.17% is a big name on Wall Street. Increasingly, it’s a fixture on Main Street too.

The Omaha conglomerate was the nation’s second-largest residential real-estate brokerage last year, making Berkshire Hathaway a presence on neighborhood yard signs from Los Angeles to New York. It has franchised the Berkshire Hathaway HomeServices name to 1,330 offices and more than 45,000 agents.

Mr. Buffett, Berkshire’s chairman and chief executive, wants his franchise brokerage business, HomeServices of America, to get even bigger—and the sterling Berkshire Hathaway brand is an asset. But further expansion could also bring more visibility and risk for the Berkshire brand. Historically, its biggest consumer-facing companies—brands like Geico, Dairy Queen and Fruit of the Loom—haven’t used the parent company’s name.

“When you get a disgruntled customer, it might go straight up to Warren,” said Gino Blefari, chief executive of Berkshire Hathaway HomeServices.

This weekend, the real-estate business will be among dozens of Berkshire brands on display at the company’s annual meeting. Some 40,000 shareholders from around the world are expected to gather in Omaha, Neb., to hear Mr. Buffett and Berkshire Vice Chairman Charles Munger discuss the business and answer questions.

Berkshire’s real-estate business earned $220 million last year, down from $225 million the year before due to higher expenses, according to the company’s annual report. Its revenues grew by 23%, to $3.5 billion.

“We are certainly not the biggest” Berkshire business, said Ron Peltier, chief executive of HomeServices. Some of Berkshire’s largest businesses reported tens of billions of dollars in 2017 revenue. “But we are one that interacts and touches lots of consumers …in the most significant financial transaction of their life.”


Mr. Buffett, who has lived in the same Omaha house since the 1950s, has said he expects the business to continue to grow.

“Despite its recent acquisitions, HomeServices is on track to do only about 3% of the country’s home brokerage business in 2018,” Mr. Buffett wrote in his 2017 letter to shareholders, which was released in February. “That leaves 97% to go.”

Berskhire comprises about 60 businesses across multiple sectors, from insurance to railroads to batteries. The Minneapolis-based real-estate brokerage was the first of these to use the Berkshire name as a consumer brand in 2013.

A few others have since followed. Berkshire’s utility business changed its name from MidAmerican Energy Holdings Co. to Berkshire Hathaway Energy in 2014. After Berkshire bought the Van Tuyl Group of auto dealerships in 2015, it was renamed Berkshire Hathaway Automotive.

Mr. Buffett, famous for encouraging his businesses to behave ethically and maintain good reputations, expects Berkshire’s brand power to grow. “We’re certainly a lot better known than we were 10 or 20 years ago, and I think we’ll be better known 10 years from now,” Mr. Buffett said in an interview.

Berkshire owns other housing-related businesses, including home builder Clayton Homes and multiple furniture brands.

Berkshire Hathaway’s HomeServices signage on a lawn in Redondo Beach, Calif. The conglomerate’s biggest consumer-facing brands—Geico, Dairy Queen, Fruit of the Loom—haven’t used the parent company’s name so prominently. Photo: Patrick T. Fallon/Bloomberg News

But he got into the residential real-estate business almost by accident in 2000, when he purchased an Iowa utility, MidAmerican, that already owned HomeServices. A string of acquisitions followed. The decision to offer the Berkshire Hathaway HomeServices name to franchisees across the U.S. occurred as a result of Berkshire’s 2012 purchase of a majority interest in the Prudential real-estate agent network.

“We had to earn our way in” to using the Berkshire brand, said Mr. Peltier, a former University of Minnesota hockey player. “That was really the first time that his brand was being marketed and exposed at a consumer level, so that comes with a lot more responsibility.”

From the Archives
Your browser does not support HTML5 video.

0:00 / 0:00

Skip Ad

in 15

Berkshire Hathaway investors heading to Omaha this weekend for the company’s annual meeting have enjoyed returns based on CEO Warren Buffett’s decades-old rules when it comes to investing. Jeremy Miller collected letters Buffett wrote to his business partners in his new book, "Warren Buffett’s Ground Rules." He discusses on Lunch Beak. Photo: Getty

HomeServices was the second-largest U.S. real-estate broker last year by number of transactions, according to Real Trends, a trade publication. HomeServices now owns 42 brokerage brands around the country and also provides financing, title insurance and home insurance services. Many of these brokerages still use their own names.

“I hear a lot of talk in the marketplace now about money that’s been raised in the residential real-estate arena, but it’s still only a fraction of what Berkshire Hathaway and HomeServices have committed,” said Jeff Detwiler, chief executive of Long & Foster Cos. in Chantilly, Va., which was purchased by HomeServices last year.

The Berkshire name was the key reason that Berkshire Hathaway HomeServices Hodnett Cooper Real Estate in St. Simons Island, Ga., joined the franchise network a year ago, owner Pat Hodnett Cooper said.

“Everybody knows who Warren Buffett is,” she said. “When I go to get a luxury listing, it is 10 times easier for me now than it was a year ago.”

Write to Nicole Friedman at nicole.friedman@wsj.com

Source Article

Homes For Sale In Nashua: NH Real Estate Guide

NASHUA, NH- Are you looking for a new home? If you are, or you just want to see what properties are on the market in and around your city or town, Patch has a slew of listings provided by our partners at realtor.com.

New Hampshire Listings

Here are the latest new home listings on your local Patch.

(For more information on this and other neighborhood stories, subscribe to Amherst NH Patch to receive daily newsletters and breaking news alerts. Like Amherst NH Patch on Facebook)

Photo by Realtor.com

Source Article

Chinese real estate firms boost apartment rentals in line with Xi demands

By Clare Jim

HONG KONG (Reuters) – Major Chinese real estate companies are renting more of the apartments they develop as they respond to President Xi Jinping’s demand that China should produce homes to live in not to speculate on.

But currying favor with authorities who want to provide affordable housing to maintain stability in the property sector comes at a cost as the developers will make little, if any, initial return from renting.

The net yields on rental properties for the biggest developers are only 5-6 percent, and for smaller firms with higher costs they may even be negative, according to the developers and real estate analysts.

By contrast, the profit margins on properties that are sold have usually been clear for all to see – averaging in the 20-30 percent range in recent years.

It isn’t just Xi and the central government that has been piling the pressure on the real estate developers.

Many cities started imposing restrictions on land sales last year, forcing developers to build some homes to rent rather than sell, making the properties much less lucrative and higher risk for companies. Not only are the companies looking at lower returns on the developments but they also have the balance sheet risks of continuing to own them.

This is all, in turn, set to speed up market consolidation and joint bidding as companies share the costs.

Vanke, the country’s No.2 developer by sales and one of the early comers to the rental market, plans to double the number of apartments it is renting out to 200,000 in 2018.

Rental apartments "are not supposed to make a lot of money in the first place," China Vanke <2202.HK><000002.SZ> Chairman Yu Liang said at an earnings conference late last month, adding that there has to be a balance between rental and sale markets.

He said that the rental market could be profitable in the longer term if the authorities put sufficient supportive policies in place. Local governments have recently been offering preferential lending rates and new fund-raising channels such as corporate bonds and securitization to help the rental business.

Clearly, though, the demand is there. L+Research Institute, the research unit of real estate agent Lianjia, estimated the number of tenants will reach 230 million in 2025, up from 160 million in 2015. It sees the total rental value of the Chinese market rising to 2.9 trillion yuan ($460 billion) in 2025 from 1 trillion yuan in 2015.

Lianjia also said the number of rental apartments in China grew 40 percent in 2017, compared to growth of less than 15 pct in 2015.

China’s largest developer by sales, Country Garden Holdings <2007.HK>, which set up a rental business unit late last year and laid out an aggressive plan to own 1 million rental apartments in three years, told reporters that the business is "tough" for companies just getting started in the rental sector.

Profitability from rental property is lower than from sales, the company’s Chief Financial Officer Bijun Wu said at a media lunch in February. "But under government support, it will become a common business for the industry."

Not only does it take longer to collect cash from rental housing, targeting young professionals with limited incomes means landlords can’t always charge the higher rents they would like, the developers and analysts say.

Developers, such as Vanke, are mostly leasing or buying under-utilized assets such as hotels, offices and warehouses and redeveloping them into rental units as that way the returns are much higher than they would get if they bought land and built new developments.

Vanke told Reuters last year that the gross profit margin on the redevelopment work was in the 20-30 percent range, which is in line with its gross profit margin of 26.2 percent for its property development business in 2017.

For rental apartments built from scratch, the average cost for Vanke is 300,000 yuan ($47,708.41) per unit, according to analysts, so with average rental income of 3,000 yuan a month it would take 8.3 years to pay back excluding any interest cost.

The net yield for Vanke on the rental apartments is around 5 to 6 percent, but for developers with smaller scale it would be lower.

"Initial yield for the business is around 4 percent, but in some bad cases it could just be breakeven" said CLSA analyst Nicole Wong. "If it reaches a big scale, developers can strike a good income, and also profit from a spin-off later on … the leveraged return can then reach 8 to 9 percent."

The developers, though, are working on ways to pull in more investors.

Country Garden obtained regulatory approval last month to launch 10 billion yuan ($1.6 billion) worth of quasi-Real Estate Investment Trusts (REITs), China’s largest such issue so far, for its rental housing projects.

Vanke said on Monday it plans to raise up to 8 billion yuan from the sale of rental housing bonds, while Beijing-based developer Longfor Properties <0960.HK> last month sold 3 billion yuan of such bonds, the first issue of its kind in China.

While not all developers’ plans are as aggressive as these behemoths, they are still showing the kind of commitments needed to keep the authorities on side, property analysts say.

"Some developers are doing it to show support for government policy; their project volume is not large in each city, but that small cashflow shortfall will help to get a good relationship with the city governments in the long run," RHB Research analyst Toni Ho said.

Last month, state-owned China Overseas Land & Investment Ltd <0688.HK> said it will launch 3,000 to 5,000 rental units a year while Sino-Ocean Group <3377.HK> said it is targeting 100,000 rental units in 2020, up from 1,000 now.

"It’s only a start for us and not our major business yet, but we’ll actively make efforts," Sino-Ocean chairman Li Ming said.

(Reporting by Clare Jim; Editing by Anne Marie Roantree and Martin Howell)

Source Article

BRIEF-Real Estate Asset Management FY Profit Rises




* BOARD PROPOSES FY CASH DIVIDEND OF 5 PERCENT Source: (bit.ly/2GQwCap) Further company coverage:

Source Article

And the Washington Business Journal’s Best Real Estate Deals of 2017 are… – Washington Business Journal

For the 20th year, The Washington Business Journal is pleased to be honoring the top deliveries, leases, acquisitions, financing deals and sales in Greater Washington. Our Best Real Estate Deals of 2017 cover the best in the business, from leases bringing in major companies to new museums to groundbreaking hospital spaces and more.

On April 26, the WBJ will honor the 26 best real estate deals in the D.C. metro area, as determined by the editorial staff. Of those 26 honorees, nine will be honored with special superlative awards — including Deal of the Year — at our awards event at the Ronald Reagan Building and International Trade Center. For more on the event, click here.

Which deals rose to the top in 2017? Check out the gallery to learn more.

Source Article

Recent Real Estate Transactions in Hartford and Tolland Counties

Do you ever find yourself wondering what the purchase price was for a really nice house that just changed owners in your neighborhood or in your town? Or have you ever seen a "SOLD" sign go up in front of a property that made you think, "Someone actually bought THAT?"

Here are all the facts and figures of recently-sold homes in Patch towns in Hartford and Tolland counties. The Latest Hartford County Real Estate

All listings are provided by Patch’s partners at realtor.com.

Hartford County

Tolland County

Photo credit: Pixabay



Source Article

Homes for Sale in RI: Woonsocket and Nearby Real Estate Guide

WOONSOCKET, RI — Are you looking for a new home? If you are, or you just want to see what properties are on the market in and around your city or town, Patch has a slew of listings provided by our partners at realtor.com.

Rhode Island Listings
[Sign up for free local news alerts and newsletters: Massachusetts|Rhode Island]

Here are the latest new home listings on your local Patch.

Source Article

News Corp results beat on gains in digital real estate unit

(Reuters) – Wall Street Journal-owner News Corp (NWSA.O) reported better-than-expected quarterly revenue and profit on Thursday, as growth in its online real estate business helped offset a fall in advertising revenue.

Sales in its news and information services business, which accounts for about two-thirds of total revenue, fell marginally to $1.30 billion in the second quarter.

Advertising revenue fell 6 percent, but those declines were made up by a similar increase in circulation and subscription revenue.

The company’s Dow Jones unit helped drive most of those gains on the back of continued digital subscriber growth at the Wall Street Journal. The newspaper’s average daily digital subscribers jumped 28.6 pct to about 1.4 million.

The company, which is controlled by media mogul Rupert Murdoch, also owns the New York Post and major newspapers in the UK and Australia.

Earlier in the day, rival New York Times Co (NYT.N) also posted strong revenue growth, driven by its online business.

Revenue from New Corp’s online real-estate business rose about 21 percent to $292 million, while its book publishing and cable network programming units also recorded a rise in sales.

Net loss attributable to shareholders narrowed to $83 million, or 14 cents per share, in the second quarter ended Dec. 31 from a loss of $289 million, or 50 cents per share, a year earlier.

The company said it recorded a charge of $174 million related to the new U.S. tax law.

Excluding items, the company earned 24 cents per share.

Total revenue rose to $2.18 billion from $2.12 billion.

Analysts on average had expected a profit of 19 cents on revenue of $2.13 billion, according to Thomson Reuters I/B/E/S.

News Corp’s Dow Jones unit competes with Thomson Reuters, which is the parent of Reuters News, and Bloomberg LP.

Source Article

Real Estate Investments Near Golden 1 Center Revitalizing Downtown Sacramento

Professional sports in the 21st century are multifaceted operations, and a major aspect of these multi-dimensional entities is real estate investments. The recent New York Times story discussing the relocation of sports stadiums downtown addresses this in part.

When the centerpiece of these real estate investments is a brand-new sports facility, teams have increasingly been shrewd to make supporting investments near their shiny new home.

These additional investments, which typically can include things like restaurants, hotels, retail, office buildings, apartments or condos, make considerable sense because they can generate additional incremental revenue for the franchise every day of the year…even on nights when there are no events at the facility.

Enter Sacramento’s Golden 1 Center, and the Sacramento Kings owner, Vivek Ranadive.

Ranadive played an integral role in saving the franchise from relocation when he purchased the team in May 2013. A year later, the Sacramento City Council approved public financing to build a new basketball arena.

The facility opened in September 2016 at a final cost of $558.2 million, with approximately $223 million contributed by the City of Sacramento. But truthfully, that only scratches the surface of the total investments which have been (and are still being) made in the broader area known as Downtown Commons.

For example, in October 2017, the Downtown Sacramento Partnership and the Greater Sacramento Economic Council released these findings:

The $1 billion investment in Golden 1 Center and Downtown Commons has built investor confidence in the city, and helped to drive nearly $1 billion in additional urban investment since 2015 Downtown property sales have totaled nearly $885 million since Golden 1 Center construction began. In the last year, 11 downtown properties with more than 1.3 million square feet of space sold, totaling approximately $359 million. Downtown employment grew 38 percent since arena construction began 26 new ground floor retail businesses were created in the last year, with another 23 new businesses set to open in the coming months. On average, foot traffic at 7th & K streets has increased by 51 percent on event days. Golden 1 Center created more than 2,000 food and beverage jobs, accounting for over $31 million in wages, and nearly $79 million in new gross regional product. Golden 1 Center also contributed $3.5 million to the region’s agricultural economy by activating local producers and sources for food, beverages and ingredients to serve arena guests. In 2017, Golden 1 Center was ranked within the top 15 U.S. venues and in the top 40 worldwide in ticket sales, attracting over 1.6 million attendees who spent more than $71.5 million in downtown Sacramento.

As someone who has visited Sacramento annually over the last 10 years, from my vantage point, there is no question there is a palpable difference in the city’s downtown vibe, attitude, and economic activity. There is a burgeoning sense of pride, opportunity, and optimism, and slowly, the enhanced feasibility of working, playing, and living within the confines of downtown Sacramento only adds fuel to the city’s rejuvenation and momentum.

The Golden 1 Center has already established itself as a first-rate sports facility, aesthetically and technologically. As a result, the G1C won Sports Business Journal’s “Facility of the Year” award in 2017.

Source Article

I Secured Myself a New Futura Condo

The first time I looked at the rendition of what New Futura will look like, I was sold. I like unique things, and this is definitely a unique structure, or at least it will be when it is done. The first thing I noticed other than the sheer height were the fins that jut out from different parts of the towers. These aluminum fins give the structures so much personality, and I knew that I wanted to see even more. Any developer that is going to create a masterpiece like this has to have more surprises in store.

I was not wrong. When I looked at the entire scope of the project, this is definitely a place for people who want to live in a quiet area but have everything that is needed right there. Rather than drive to a gym down the road, the state of the art fitness centers are right on the premises. There are several swimming pools, allowing tenants and guests to choose between laps, soaking or just casual swimming. There are also social areas where residents can mingle and have fun. Continue reading “I Secured Myself a New Futura Condo”

Silver Spring, MD Real Estate: Open Houses

So you want to look at some open houses for sale in Silver Spring this weekend? Good idea. An open house planned by the right realtor can help you in any number of ways. Open houses provide you information on how to list and show your own house and they can give you an idea of the quality of homes in an area before you waste too much time going house to house.

The best open house of all? The open house that you end up owning. Take a look at the open houses in and near Silver Spring listed by our partners at realtor.com.

1 2 3 4
1 2
1 2 3 4 5 6
1 2 3
1 2 3

Source Article

All About Real Estate Investing – How To Do It

If you are interested in investing in real estate, you should know that there are several resources out there that can help you. You just need to search for it on Google.

But if you want to know now, read on. Like anything else, investing in real estate is all about buying low and selling high. By this, we mean you buy when the prices are low and sell when the prices move up.

In the early part of the century, it was easy to make money off real estate. Foreclosures we’re at an all-time high, bringing the prices of houses down to a new low. This ushered in a golden age, albeit a short-lived one, a house flipping.

These days, you can still make money with flipping houses, however, you will need to go through many different listings and check out different properties to see which one would give you the most return for your money.

A sure way to make money on real estate is to buy a new property or build one and rent it out. You make money from rental payments.

Whether or not you choose to rent out or flip property, the same principle of real estate supplies, that is, it’s all about location, location, and location. You can have a badly rundown house but if it’s located in a good position, you can still make money provided you make the necessary repairs. On the other hand, if you work with a property that’s so out of the way, you will have a hard time selling it.

That said, make sure to choose your property really well. It will help if you work with a real estate agent Who would know where the great properties are.

Three Kids Now Means We Need a Four Bedroom Condo

We needed four bedrooms with our third child on the way. We have been saving our money, and we already had a nice two bedroom condominium we could sell. So, when we looked at the www.parclife.net project under development, we wanted in on one of the 24 four bedroom units that were available. With all of these executive condo projects under development, there are only so many four bedroom premium units that are available. You need to jump on the opportunity to get one very fast as these are bought as investment properties too.

Our application for the four bedroom executive condo at Signature Yishun went in as soon as it was opened up for purchasing. We liked the reputation of the builder, and we saw it as an excellent investment. Our condo sold fast to pay off a significant portion of the new property investment. Our payment on the remaining financing was very affordable for us, and we are getting the advantage of having four bedrooms. Continue reading “Three Kids Now Means We Need a Four Bedroom Condo”

How to chose the best technology for your real estate business

What’s right for everyone else might not always be right for you

SAN FRANCISCO — Of all the ever-growing responsibilities agents and brokers must take on, decision-making is arguably the most complex. With every choice you make — every dotted line you sign — you nudge your business closer to (or further from) success. In today’s increasingly digitized society, deciding on the right technology can do wonders to foster growth, increase revenue and automate the mundane. Choosing the wrong one, however, usually results in lost time, wasted money and continual inefficiency. Curaytor’s Jimmy Mackin, Opcity’s Ben Rubenstein and Remine’s Leo Pareja took the stage with Brad Inman last week at Inman Connect San Francisco to share tips on how to make the right decision when shuffling through the constant parade of software and platforms. ‘If you do everything, you do nothing well’ Jimmy Mackin, Curaytor "Before you think about how you distribute your messaging or ads, you have to establish what you believe in and what your point of view is; beca…

Source Article

How To Find Great Real Estate Deals

Are you looking to purchase real estate? Whether it’s for yourself or for investment purposes, you will want to find a great deal. With that said, here are a few tips to help you find great real estate deals.

1. Use Multiple Sources- Many people choose to work with only one real estate agent or stick with one source for finding real estate property. However, you can increase your chances of finding great real estate deals by using multiple sources. Use 3-4 real estate agents, as well as browse various websites that lists properties for sale and feel free to check out classifies websites like Craigslist. The more sources you use, the better your odds are of finding great deals.

2. Consider Buying A Foreclosure Property- When a homeowner has a mortgage and they end up missing a few payments, then the lender may finally take action and foreclose on the property. After this happens, the lender will usually clean the home up before placing it back on the market. In many cases, homes that have been foreclosed on sell for cheaper than homes that have not been foreclosed on. If you want a great deal on a piece of real estate, then consider buying a foreclosed property.

3. Listings That Have Been On The Market For A Longtime- Find properties that have been listed for a longtime. There’s a reason why these homes haven’t sold and the chances are you can get a great deal on them. In fact, you will probably be able to negotiate the price and get it for a great price.

If you want to find great real estate deals, then keep the above tips in mind. There are a lot of other things you can do, but the above are some of the very first things you should try. Go ahead and implement what you’ve just learnt and you could end up finding a great deal on a piece of real estate.

Redfin IPO live blog: High-tech real estate brokerage goes public

Update 10:09 a.m. EST: Many analysts have seen Zillow Group and Realogy as Redfin’s top publicly traded competitors. We’ll be watching trading of their stocks today. Zillow Group shares are trading at $45.08, up 0.35 percent today. Realogy shares have slipped by 0.3 percent to $32.82. Update 9:44 a.m. EST: Watch Redfin ring the bell for the opening of the Nasdaq. Update 9:41 a.m. EST: Founders of other high-tech brokerages will be watching Redfin’s IPO closely. Strong interest from investors would bode well for their ability to raise more money or get acquired. Joshua Hunt, CEO of Denver-based low-fee brokerage Trelora, says he’s recently received a flood of questions from venture capital firms and industry watchers. “The announcement for IPO — we have seen much activity on our front of everybody trying to figure out what this means for the future," he said. Trelora recently closed a $4.5 million funding round with plans to bring its low-fe…

Source Article

Laurel, MD Real Estate: Newly Listed Homes for Sale

The houses for sale in and around Laurel are just a small portion of more than 4 million homes sold in Maryland and across the United States every year. We’re not just talking listed homes for sale, either. We’re talking about homes for sale — that sell.

Looking for a home to buy? Or do you just like looking at what homes are on the market? Either way, here are the latest homes for sale in and around Laurel listed by our partners at realtor.com.

Source Article