Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. The results of their latest survey: Home values will … [Read more...]
Buying a Home? How to Choose the Right Mortgage Option and How much Down Payment do you really need?
With rates rising since the election many buyers are asking us should they buy now and what sort of mortgage should they get? And how much down payment do they need? Down payment options are as low as 0% and can be as high as 20% depending upon the type of mortgage you may qualify for. If you’re veteran you can generally get a VA loan(see below) and if not there are some $0 down homes available in rural area with income and location restrictions. If you are not a veteran or hunting in … [Read more...]
15 thoughts on maximizing the return on your rental property!
At Northwest Atlanta Properties we are continuously seeking ways to help our landlord clients increase their rental proceeds. Below are a few ideas that you might consider to maximize your investment here in Northwest Atlanta: Put rent increases into the Lease Write it in the original lease that the rent rate will increase by a percentage every year upon renewal. For example: “Because property taxes, maintenance costs and insurance costs increase every year the monthly rental rate will … [Read more...]
Rental Trends; October 2016
DO we advertise on Zillow Rentals? Skylar Olsen Rents are appreciating but more slowly Up 7% Nationally since 2015 Atlanta about 3.9% Full Webinar here http://www.zillow.com/rental-manager/resources/webinar/rental-trends-q3-2016/ More supply is coming online as building being done Homeownership rate historic lows and expected to stay low – more people renting! But Household formation rising – older millenials are bunking with parents - Most new households are renters … [Read more...]
What Scares You?
It's Halloween today so thought I'd ask that simple question and take a moment to spin it to Real Estate Related scary... Which of these is "scarier" to you: 1) My house value will go down and my equity will disappear again. 2) Interest Rates will go up preventing me from refinancing and using some of my equity for something important I'd like to do/have. 3) Maintaining my older home is getting harder and more expensive. Just curious! Any of those strike a chord? - Donna … [Read more...]