Graffiti can be a difficult issue for property owners. Graffiti is often vandalism that could be associated with gang-related origins. However, some graffiti is viewed as legitimate art created by street artists with local or even national reputations. If you or your clients own a property with graffiti images, you must first determine whether it was done with or without permission.Graffiti vandalism is a criminal act done without an owner’s pe
Home prices are rising and making homeowners richer. But the number of home equity lines of credit are barely budging.The overall equity that was tapped in the first quarter of this year was 1.17 percent, the lowest amount in four years, according to Black Knight, a mortgage software and analytics firm.Many homeowners may not realize how rich in equity they really are. “I think the typical American doesn’t have that level of awareness; theyâ€
The typical American dream home would cost $1.3 million, feature 7.5 rooms, and have an average square footage of 2,195 feet, according to a new survey of 2,000 homeowners by Northshore Fireplace. Sixty-four percent of Americans believe they’ll be able to obtain their dream home within their lifetime.The most popular words used to describe a dream home from respondents were comfortable, cozy, and spacious.The most important feature inside a dre
Puerto Rico continues to recover from a devastating hurricane last year that blanketed the island with a wave of destruction. But while the aftermath of Hurricane Maria still lingers, Americans are reportedly showing an increasing interest in buying properties on the island. The number of online searches for Puerto Rican homes for sale is peaking since Maria’s impact and a growing number of potential buyers from the U.S. say they’re looki
Home buyers with children are scouring properties looking for high-level items on their checklists, such as good schools and a room for a nursery. But some parents may later regret overlooking other factors in choosing the right home for their family. Realtor.com® recently featured an article for parent clients looking to buy and those overlooked factors they’d likely want to consider, including:Bedroom placementParents may size up rooms but c
By always staying in touch, you can generate leads while you’re out of officeSummer might be a time of fun and sun, but your business never goes on vacation. Even if you’re a solo operation, your business should stay in motion whether you’re out of the office for a few days—or a few weeks.So what do you do when you want to take some well-deserved time off? Here are a few tips to keep your business humming.Plan your marketingWhen you work
Cities along the West Coast, unsurprisingly, have some of the priciest homes in the nation. Among the 10 cities with the highest share of homes worth more than $1 million, four are in California: San Jose, San Francisco, Los Angeles, and San Diego, according to a new LendingTree analysis. In these four housing markets, more than 10 percent of homes are valued above $1 million.LendingTree ranked the top 50 cities with the highest shares of million
If your clients are wavering on whether to buy a home, there are several reasons they may want to get more serious about their real estate search, according to MagnifyMoney, a personal finance website. Most importantly, mortgage rates remain historically low—but that isn’t expected to last. They’ve been rising steadily, but rates for the current 30-year fixed-rate mortgage are still well below 5 percent, compared to nearly 19 percent In 1
Student housing, which tends to offer high returns for investors but also requires more intense management and administration, has proven a difficult niche in the multifamily sector in the past. However, institutional investors are increasingly taking on the heavier lift of student housing in order to build a safety net with the healthy returns.Greystar, a multifamily investor and affiliate of The Blackstone Group, recently announced a $4.6 billi
After a brief slowdown in the growth of rental prices, they were back on the rise last month, with the national average rent soaring to an all-time high, RentCafé reports. In June, actual rents in the 250 largest U.S. cities rose 2.9 percent and reached an all-time high of $1,405. Renters, on average, are paying $40 more per month than they did a year ago. Renters in Orlando, Fla., saw one of the largest year-over-year increases, at 8.4 percent.
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