14 Foolproof Ways to Lower Your Living Expenses
Want that great deal for upgraded Internet and all the move channels? What's another $23 a month? Problem is, before you know it you're sinking in bills and your monthly payments have become a burden. Here are 14 ways to lower your monthly nut and get back to stress-free living.
New Disclosure Rules Impact Condominiums
Residential real estate has changed as of this month. There are new contract forms for Maryland and the District, and the new mortgage disclosure rules issued by the Consumer Financial Protection Bureau are now in effect. And there even is new terminology. A lender is now a creditor and the borrower/buyer is a consumer. The initial Truth in Lending statement and Good Faith Estimate we have used for a number of years has been replaced with the Loan Estimate. And the old-faithful HUD-1 (the settlement statement) has been discarded in favor of a "Closing Disclosure".
Can you afford the American dream on your salary?What exactly does it take to turn a renter into a buyer? Real estate professionals mull over this question often, coming up with ideas ranging from touting the personal pride of homeownership to the financial upside of building wealth and equity. Unfortunately, a willing renter isn't the only requirement for the transition into homeownership: the American dream comes with salary requirements too. According to HSH.com, buyers offering a 10 percent down payment on a national median-priced home ($254,000) would need to make $63,941.21. The minimum salary drops to $55,390.57 for buyers putting down 20 percent ......Read More
North America will lead world in new housing construction through 2021Meanwhile, the study also notes that China and India will drive 43 percent of all new housing development, continuing a streak ......Read More
Announcing the first round of speakers for Inman Connect New York 2018Imagine charting a course through a landscape that's constantly changing and shifting around and beneath you. That's what it feels like sometimes to operate in the real estate industry -- there are so many new tools and business models in addition to the traditional tried-and-true methods that it's hard to know which way to turn ......Read More
Real estate daily market update: November 20, 2017All the latest real estate market news ......Read More
Why training, not mentorship, works for this indie’s businessA few years ago, Lamacchia Realty broker-owner Anthony Lamacchia had his senior agents mentor junior agents. It may have worked in theory, but the reality of that mentoring model was less than ideal for the five-office, 85-agent indie brokerage ......Read More
Connect/Reflect: The Dutch are here!We recently sat down with Boris Geheniau of the Netherlands to ask him about his team’s experiences attending Connect ......Read More
Agent/broker perspective: Should top producers attend company meetings?When I was just starting out in real estate, I enjoyed attending my mid-sized office’s monthly meetings. They were great opportunities to meet and learn from more experienced colleagues, find out new and exciting tools for agents, catch up on corporate-directed initiatives and to simply take a break from the everyday grind. Back then, that was a valuable use of my time ......Read More
A simple path to happiness this ThanksgivingSeveral days ago, I had an “aha!” moment that completely reframed my thinking about happiness. It struck me that the route to happiness could be explained in a simple four-step model. This approach can completely transform your life if you choose to implement it ......Read More
Talk turkey to me: Real estate agents share their favorite Thanksgiving traditionsThis year, we decided to ask industry professionals about their favorite Thanksgiving traditions. Here are a few of our favorites ......Read More
NASA calls for real estate pros in 3-D printed habitat competitionNASA wants real estate pros for 3-D printed habitat contest ......Read More