Condo Rules to Boost Market
An Nation Association of Realtors review of HUD's guidance on FHA-insured loans shows that the changes will open up more affordable housing options to first-time buyers and revive a national condo market constrained since the Great Recession Read here...
Artificial intelligence personal assistants.
Devices like Amazon Alexa are being used in the real estate industry more and more with each passing day. A brokerage in Germany recently shared with the National Association of Realtors® how they set up Alexa in each room around the home along with question prompts to appeal to more modern buyers.
My comment... If not used properly, sellers can hear everything buyers are saying and buyers can give sellers wrong information.
Read full article...
Tips on Having the Talk with an Aging Loved One
An American Association of retired Persons survey found that two-thirds of adult children haven't had the challenging conversation with an aging loved one regarding their later in life days. This is most likely due to the fact that a lot of adult children are not sure how to have a talk of this capacity, or how to begin it. Click for some great tips...
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Fully Accessible Guide to Smart Home Tech for the Disabled and Elderly
iBuying Sellers Pay More
Sellers who sell directly to iBuyers pay higher fees than if they used an agent. Read here...
Improve Your Home's Value
• 7 Smart Strategies for Kitchen Remodeling
• 10 Insider Tips From a Designer Who Specializes in Small Baths
• How to Pick Paint Colors to Fix Any Room's Quirks
• Home Upgrades With the Lowest ROI
• Smart Basement Flooring Options
FHA Limits Cash-Out
Refinancing a mortgage to take cash out using a home's equity just got a little harder under new limitations on cash-out refinances by the U.S. Department of Housing and Urban Development. Read here...
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||New Legislation Enacted Easing Seasonal Rental Tax
|Gov. Murphy signed legislation that amends the transient accommodations law enacted last summer. The amendment allows rentals to be facilitated by homeowners directly, such as through newspaper advertisements or personal referrals, and not be subject to the tax. However, rentals done through online marketplaces, such as Airbnb, will still be subject to the tax. Read full report...
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