Real Estate Insider Blog

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06
Feb
2018

5 tips when making your first real estate investment

Real estate investment is considered one of best ways to achieve a steady income. According to a Bankrate national survey, Americans consider real estate to be their most favorite way to invest money not needed for a decade.

Whether you’re a real estate agent or investor, getting into the investing game is a challenge that needs careful consideration, especially in the beginning.

There are many different types of real estate investments. Each has its benefits and drawbacks, but as long as you do your research, you will be able to secure your stability.

But before you take the first steps toward real estate investment, here are some tips to remember.
 

How to decide on a property

As an investor, it’s critical to work with the right people to capitalize on investment properties. An agent’s professional awareness about value, location and ROI of the property determines if the investor will make or lose money.

Whether you choose to work with another agent or go it alone — do your homework.

Look at 100 properties. Conduct extensive sessions and look at each property carefully.

Looking at multiple investment properties in all sorts of areas allows you to get a better understanding of the worth of different properties. Doing so will also ensure that you buy a property with a high market resale value, which will consequently move you toward your financial goals.

Many successful property investors use the...

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12
Jan
2017

Are Home Prices Increasing in the Tampa Bay Area?


The aggregate amount of equity in U.S. residential homes has more than doubled since 2011, the result of 40 percent price appreciation nationwide during that time.

Even with that much of an increase in home equity — which hit a trough of $6.1 trillion in June 2011 but by June 2016 had risen to $12.7 trillion — there is still plenty more equity to be regained while home price appreciation continues over the next year, according to CoreLogic's U.S. Economic Outlook for October 2016.

"We project the national CoreLogic Home Price Index will rise another 5 percent in the coming year, helping to boost home-equity wealth by close to $1 trillion," CoreLogic Chief Economist Frank Nothaft said. "In turn, this wealth gain should add to consumption spending and contribute to economic growth in 2017."

According to CoreLogic's most recent Home Equity Report released in mid-September, more than half a million (548,000) homeowners regained equity in the second quarter of 2016, bringing the total of residential homes with equity to approximately 47 million (93 percent). This left approximately 7 percent, or close to 3.6 million homeowners, in negative equity.

"We see home prices rising another 5 percent in the coming year based on the latest projected national CoreLogic Home Price Index," said Anand Nallathambi, president and CEO of CoreLogic. "Assuming this growth is uniform across the U.S.,...








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