Saturday, 28 December 2024

D. Ong

What Is a Blind Offer and How Do Sellers Benefit From Making One?

One approach gaining popularity among home buyers in the real estate market is putting in a blind offer. In this article, we'll explore what it is and the potential pros and cons it has for sellers.
Home Buying 101: Why You Should Research a House’s History Before Closing the Deal

Researching a house's history is essential to ensuring you are making an informed decision prior to the purchase.
4 Best Online Mortgage Lenders

While most online mortgage are legit, there are several that excel in providing excellent mortgage options and safety. Here's a list.
Pending Home Sales Sees Significant Decline as Mortgage Rates Climb To Highest Since December

Pending home sales slid by 8% in January, marking the biggest decline recorded in four months. Pending home sales in the United States have seen a decline after the daily average mortgage rates jumped to their highest level for interest rates since December 2023.
NYC Mayor Eric Adams Sued Over Failure To Implement Laws Addressing Homelessness

The lawsuit was filed Wednesday at the Manhattan Supreme Court by a group representing low-income New Yorkers on a variety of legal matters.
5 Ways to Update Your Kitchen Appliances Without Breaking the Bank

You don't have to spend thousands of dollars to update your kitchen appliances. Here are five budget-friendly strategies you can try to give your appliances a fresh look.
5 Things Real Estate Agents Can Do To Keep Their Pipelines Full in 2024

If you're hoping to keep your calendar fully booked this year, here are some things you can do to attract more clients.
Former Baltimore Prosecutor Convicted on Mortgage Fraud Months After Being Charged With Perjury

The former prosecutor faces up to 30 years on the charge related to mortgage fraud. A former top prosecutor for the city of Baltimore was convicted Tuesday on one count of mortgage fraud.
New Yorkers Spend Over $10,000 in Upfront Costs for a Rental: Report

The upfront cost of moving in New York increased by 28.7% from the average cost before the COVID-19 pandemic.
NYCHA Chiefs Repeatedly Rejected Proposals on Curbing Corruption for Years: Report

The Department of Investigation previously warned then-NYCHA Chair Greg Russ about the potential for corruption related to the housing agency's no-bid contract process.
Real Estate 101: What Is the Difference Between Estate Tax and Inheritance Tax?

While both terms are often used interchangeably, they refer to different concepts of taxes. Here is a quick guide.
10 Moisture-Loving Plants You Can Keep in Your Bathroom

Add a touch of nature and enchance the ambiance of your bathroom with these 10 moisture-loving plants.
CoStar Group Poured Nearly A Billion Dollars Into Super Bowl Ads for Homes.com and Apartments.com

The group debuted four high-gloss commercials during Sunday night's broadcast of Super Bowl LVIII.
Tesla Rival Files for Bankruptcy After Failing To Make a Single Sale

Tesla's rival EV manufacturer had a valuation of $13 billion when it first launched on the Nasdaq stock market in 2021.
Real Estate Forecast: These Home Types Are Likely To Decrease in Value in 2024

The market value of some homes may see a decline in 2024 as the real estate market evolves. As the real estate market evolves and trends change, there are several types of homes that may see their market values decrease in 2024.
Inside Nick Jonas and Priyanka Chopra's Embattled $20M LA Mansion

The couple's LA mansion spanned over 20,000 square feet and is situated on a prime location with views of the San Fernando Valley.
5 Common Bathroom Design Mistakes Homeowners Make

Many homeowners fall prey to common design mistakes that can compromise the appeal of their bathrooms. Here are some design ideas to avoid.
Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme: DA

The real estate developer also allegedly defrauded the city $15.6 million in unpaid property tax. A prominent New York real estate developer has been arrested and charged in connection to a fraud scheme worth $86 million, according to the Manhattan District Attorney's Office.
Office-To-Residential Conversions Rose By 350% Since 2021: Report

The office industry has $150 billion mortgages due this 2024. The number of officers converted to residential units has increased by 357% since 2021 as more companies adopted a "work-from-home" model, and office mortgages are set to be due this year.
NYCHA May Now Be Required To Disclose All Public Housing Contracts Following $2M Bribery Scheme: Report

The new bill would require the NYCHA to disclose information about the services it is procuring and the identities of the parties involved in the transaction.
5 Decorations That Bring Luck and Good Fortune to Your Home This Chinese New Year

If you're hoping to bring luck and good fortune to your home in 2024, here are some decorations to have to celebrate the Lunar New Year.
5 Ways To Prepare Your Home for Chinese New Year

The Chinese New Year is around the corner. Here are tips to prepare your home to welcome luck and good fortune in the Year of the Dragon.
A Growing Number of Millionaires Are Now Choosing to Rent Over Buying a Home: Study

The number of millionaire renters across the country nearly tripled from 2020 to 2022. A growing number of millionaires across the United States are now choosing to become renters instead of purchasing a home, according to a study.
Federal Reserve Said It’s Not Ready To Cut Interest Rates Even as Inflation Cools

The federal reserve began hiking interest rates in March 2022 in hopes of curbing the rising inflation.
One Official Involved in $2M NYC Corruption Scandal Was Suspended After Naked Zoom Call

New details have emerged about some of the 70 NYCHA employees involved in the $2 million bribery scandal, including one who was suspended for appearing naked in a work-related call.
5 Important Tips To Prevent Real Estate Fraud

With real estate fraud cases on the rise, it's important to know how to safeguard your investment and ensure you are not being exploited in a transaction. Here are some tips to prevent real estate fraud.
More States Are Now Using Medicaid Funding To Address Housing Crisis

At least 20 states are now allocating Medicaid funds to pay for housing or cover the rent of homeless patients.
More Than 30% of Real Estate Agents Say Politics, Gun, and Abortion Laws Affected Where Home Buyers Are Relocating: Redfin

Real estate agents said home buyers are relocating to places where the laws align with their views or locations where neighbors share similar political views.
Real Estate Fraud Cases Are on the Rise; Losses Exceed $70,000 – Report

One in 10 Americans have been targets of real estate fraud in 2023, according to a wire fraud protection company.
70 Current and Former Employees of NY Public Housing Authority Charged in Historic Corruption, Extortion Case

The NYCHA employees pocketed over $2 million in cash payments for no-bid repair contracts. Federal prosecutors in New York on Tuesday unsealed bribery and extortion charges against 70 current and former employees of the New York City Housing Authority (NYCHA) for allegedly pocketing over $2 million in cash payments for no-bid repair contracts.

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