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Five Reasons You Should Consider Selling Your Property For Cash

In the vast majority of cases, people looking to buy a home will do so after obtaining a mortgage for the property. While this is the most common way for people to buy a house, it is still entirely possible to sell a property for cash, and in some cases it may be the preferred means to do so. Here are five reasons you should consider selling your property for cash:

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Ten Red Flags You Should Beware in Any Investment Property

If you are looking to invest in real estate, identifying the right investment property is key. However, even a seemingly great parcel of real estate may turn out to be a financial disaster if you are not careful. Look out for these ten red flags that you should beware in any investment property:

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Five Legal Issues You May Deal with as a Real Estate Investor

For many people, real estate investment is a good way to potentially make a great deal of money, but it comes with many risks. In addition to the possibility that an investment may not pan out, there is also the chance of potential legal problems you should be aware of. Here are five legal issues you should beware if you are investing in real estate:

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Seven Considerations for Investing in a Rental Property

Choosing to invest in real estate as a rental property can involve very different considerations than investing in that property for resale. You not only need to look for different traits, but you also need to be prepared for certain costs and obligations. Here are seven considerations you should make when looking for a potential rental property:

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Real Estate Investment Down By Nearly Half Since 2022

According to a report by Business Insider, real estate investors have been leaving the market at an almost record pace over the course of the past year. The total number of home purchases by real estate investors fell by 48.6% between the first quarter of 2022 and the same time period in 2023. This unusual exodus of real estate investment has been blamed on high interest rates, declining rents, and falling home prices, which has eaten into their profitability.

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Five Renovations That Can Improve Your Property’s Resale Value

If you are looking to sell your house, whether as a homeowner or a real estate investor, you will want to do everything you can to maximize the resale value of your home. Fortunately, there are a few easy renovations you can make that can substantially increase the value of your home. If you are selling your house, make sure to do these five renovations that can improve your property’s resale value:

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Fed Signals End to Rate Hikes, Invigorating the Market

The Chairman of the Federal Reserve, Jerome Powell, has signaled a potential end to a series of rate hikes, after once again raising the interest rate by .25%. As a result, the real estate market was invigorated, with mortgage demand increasing by 5% over the course of a week. However, people remain cautiously optimistic, as future rate hikes may be necessary to further slow inflation.

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March Saw “Biggest Annual Decline” in Home Prices in 11 Years

March saw the “biggest annual decline” in home prices in the past eleven years, according to an article from the Wall Street Journal. This dramatic decrease in home prices is a significant sign of the state of the housing market, which has been suffering from a decline in demand for months. These issues are blamed primarily on high interest rates, which have made mortgages less appealing for many prospective homeowners.

 

The Largest Annual Decline in Eleven Years

 

In March, home prices fell by 0.9% compared to the same time the previous year. At the same time, sales of previously owned homes fell by 22% during the same period. Month over month, home sales fell by 2.4% compared to February. While this may not sound like a major decline, it is the biggest drop in annual prices since 2012, and indicates a housing market in potential trouble.

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Seven Tips For Building a Successful Career Flipping Homes

Getting into the business of flipping homes is no easy task, and there are a lot of risks involved. That being said, if you can make it work for you, there is a lot of potential profit to be made. If you want to build a successful career flipping homes, make sure to follow these seven steps:

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Bank Failures Lead to Major Decline in Mortgage Rates

Mortgage rates have fallen slightly after two high profile bank failures, including the second largest bank failure in the history of the United States. This drop in mortgage rates is attributed to an increase in consumer fear after these banks failed, with people more concerned about placing their money into large purchases. Economists and consumers alike remain uncertain about the state of the economy, although this could cause mortgage rates to drop further, which could spur growth in the housing market.

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