In this Real Estate Now, we look at market changes as we fall into the last few months of the year, we see how discounts are the new normal in high-end Manhattan real estate, tips from realtors worth sharing on how clients can save for a down payment for a home and tips for realtors on what clients look for in a Realtor!
“While some homeseekers might throw in the towel after Labor Day and wait until spring to begin a new search, others will find some definite advantages to starting their home pursuit in September. Find out how the market changes after Labor Day and what makes it a pivotal day for the real estate industry.”
“Aspen Heights Partners has ambitious plans afoot in Texas and elsewhere as it grows its national reach. The Austin-based developer released more details Thursday about four projects underway, including a 717-bed apartment complex in Houston and a 797-bed complex in College Station.”
“Prices for luxury residential real estate in Manhattan declined for the 10th consecutive month in July, marking “a point of oversaturation,” said Krishna Rao, an economist at StreetEasy. The real estate data provider’s most recent report on the city also showed homes across the board in Manhattan are taking longer to change hands and sellers are receiving a median of 97.7% of their original asking prices.“
“Like my five-year-old self, most Americans have a hard time saving money. An increase in income usually results in an increase in spending. In fact, according to the U.S. Federal Reserve, 47% of Americans do not have enough savings to cover a $400 emergency. Savings, however, are incredibly important, especially if you are looking to someday buy a house or get an investment property loan.”
“When you’re buying or selling a house, you’ll likely reach out for professional help from a real estate agent. But how to choose? There are Realtors and just plain real estate agents, part-time and full-time agents, family friends who are in the business, maybe even neighbors down the street. Which one is right for you?”
Enjoy your read — see you next week! Do you have a response or is there a relevant article I should have included? Send me an email with all questions, opinions and suggestions to Karla@ChampionsSchool.com!
Want more? Follow Champions School of Real Estate on Social Media: