• May 15, 2021

Why you should buy real estate for $2 million instead of $1 million

If you’re considering a real estate investment for your home, be sure to check the seller’s website to see if there’s a realtor’s fee for the sale.The buyer can get a realtors fee of anywhere from 5 percent to 25 percent, depending on the market value of the home.That’s a huge amount for someone who…

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When the banks rule: Wall Street firms are still too big to fail

Bankers are still big and fat, and they can’t be stopped.The banks, it seems, will not be stopped in their current form.In fact, there are a few major banks that could soon lose the ability to operate under their own rules.This is according to one bank lawyer, who spoke to The Wall St. Journal on…

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A $25,000 check from the Federal Housing Administration could get you a home

The Federal Housing Finance Agency (FHFA) is offering a $25000 loan for anyone who wants to buy a home in their city.In an interview with Business Insider, FHFA deputy director of public affairs, Stephanie Molloy, said she had seen the number of homes in the city that are in foreclosure rise over the past year.She…

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What are the top five most overpriced real estate markets in the US?

What are some of the most over-priced markets in America?According to Zillow, the top ten most overvalued real estate areas include Miami, Los Angeles, San Francisco, Las Vegas, Seattle and Austin.The real estate site also revealed that Miami is the most expensive real estate market in the United States.In contrast, San Jose has the least…

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What is a Real Estate Commission?

Posted by The Lad on January 25, 2018 12:39:59 This article is about a real estate commission.The article is not an endorsement of this particular commission.

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10% of the U.S. housing market is worth less than the median home price

Posted July 25, 2018 11:14:07Many people, including the folks at Real Estate Commission of Southern Nevada (RECUS), think the average home is too expensive for people to live in.We’re all familiar with the old saying, “A house is worth what you pay for it.”However, that statement is only true for houses and condos, not apartments,…

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Real estate site sells $10 million home for $5.4 million, but buyers don’t know the name of its owner

A real estate website has sold a home for a whopping $5 million, and some people are not sure where they will find it.Real estate site Homey Real Estate has sold the home it bought for $1.4 billion in Puerto Rico to a company called PNC Financial Services for $10.4 in cash and $4.9 million…

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What are the key reasons for the real estate bust?

Real estate agents have been in the news recently, with the Federal Reserve Bank of San Francisco saying prices are expected to rise for the first time in years and that house prices are likely to fall for the second time in five years.But according to the research group RealestateQuotes.com, there are more key reasons…

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Trump to pay $1 billion for Puerto Rico real estate

Donald Trump will pay $7.8 billion to Puerto Rico to help it rebuild after the devastation wrought by Hurricane Maria, his presidential transition team announced Monday.Trump has said that the territory’s $73 billion debt would be paid off by 2026.Puerto Rico Gov.Ricardo Rosselló has said the island would be unable to pay its debt until…

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When Does the Real Estate Tax Cut End?

When does the real estate tax cut end?A big change is coming for real estate agents in Vancouver.It will mean that sales tax will be at 20% in Vancouver from April 1, 2019.This is the beginning of a massive tax hike for realtors and salespeople in the city.Here’s how it’ll affect you: The biggest difference…

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