D. Ong

National Housing Affordability Fell in October Amid Soaring Mortgage Payments

The housing affordability index fell to 91.4 in October from 99.0 a year prior. The national housing affordability level fell in October after mortgage rates soared nearly 8% and mortgage payments increased by over 3% compared to the prior month, according to a report.
Home Renovation Guide: 5 Mistakes To Avoid

Home renovation projects can increase costs and lead to damages if not approached carefully. Here are five common home renovation mistakes to avoid to ensure a successful project.
Is Real Estate Investing Safe? Here Are 3 Low-Risk Investments for Newbies

Real estate investing is not entirely risk-free, even for seasoned investors. However, there are several low-risk investment strategies particularly suited for beginners.
Real Estate 101: How To Write Listing Descriptions That Sell

Are you planning on selling your home? Here's how you could write property descriptions that entice buyers.
California Home Sellers Sue NAR, Brokerages Over Inflating Commissions

A group of California home sellers are suing the NAR and several national brokerages for allegedly artificially inflating the commissions paid to buyer-side brokers.
Wells Fargo Among Banks Caught in Mortgage Pricing Discrimination Investigation

The Consumer Financial Protection Bureau launched an investigation into how mortgage bankers used pricing exceptions in 2022.
Empire State Building: 3 Wild Facts About Historic Skyscraper

Built in 1931, the Empire State Building is a historic landmark with a fascinating history. Here are three wild facts about the iconic skyscraper.
ChatGPT for Real Estate: 3 Ways How To Use It

While there are limits to what ChatGPT can do, this AI tool can help real estate agents create content and perform competitor analysis. Here's three ways to use ChatGPT in the real estate industry.
5 Key Things To Consider Before Building a New House

If you're considering building your home, here are some things to consider to ensure the construction process goes smoothly.
Building a House? Here’s How Much It Could Cost in 2024

If you're considering building a house from the ground up, here are some of the costs associated with home construction to be aware of.
4 Common Risks Of House Hacking

There are several common pitfalls of house hacking that may rack up expenses. Here are four you should know if you're considering renting out portions of your home.
Billionaire Homes: Take a Look at Mark Zuckerberg's $59 Million Mansion

Mark Zuckerberg's $59 million estate in Lake Tahoe, California, features 20th-century mansions and private docks.
Real Estate Problem? Why Agents Are Struggling To Pay Office Rents

The rent delinquency rate among real estate agents rose to 45% in November, up from 40% in October. Nearly half of real estate agents in the United States are struggling to pay their office rent amid low sales and a shortage of inventory in the housing market.
5 Common Home Upgrades That Don’t Add Value to Your Property

Not all renovation projects can add value to your home when it's time to sell. Here are the five most common home upgrades to avoid if you want to boost your property's selling price.
Disney Announces Plans To Build New Residential Development in North Carolina

Sales for homes in Disney's Asteria community are expected to begin in 2027. The Walt Disney Company on Wednesday announced plans to build a new residential community in North Carolina as part of its Storyliving by Disney project.
Real Estate Broker Allowed To Keep His License Even After Pleading Guilty To Stealing Homes: Report

Real estate broker Michael Bogstead pled guilty to a felony charge related to creating fraudulent deeds and mortgage documents to illegally transfer the ownershipof a property to various entities.
Billionaire Homes: Take a Look at Jeff Bezos' $165 Million House

Amazon founder Jeff Bezos bought the $165 million house from DreamWorks co-founder David Geffen in February 2020.
AI in Real Estate: 3 Ways It Can Help the Industry

There are many use cases of AI in real estate, especially in the commercial and real estate industries. Here are three ways you can leverage AI and impact property investment.
How To Turn Your Home Into a Profitable Airbnb in 5 Steps

Here is a quick five-step guide to help you turn your home into an Airbnb with maximum earning potential.
Jeff Bezos Owns 8 Properties in Seattle, Including 5 That Were Previously Unreported: Report

Jeff Bezos purchased four previously unreported properties for a total of $45 million in 2019. Jeff Bezos, founder of e-commerce giant Amazon, is being linked to eight properties in Seattle, including five previously unreported homes, according to a news outlet.
House for Sale: These 5 Amenities Make Your Home More Valuable

There are many factors that contribute to the value of a property, including amenities inside the home and in the neighborhood. Here are the top five amenities that can boost your property's value.
2024 Forecast: Real Estate Experts Say Mortgage Rates, Home Sales To Improve Next Year

Real estate experts anticipate the mortgage rates to decline to 6% and home sales to increase to over four million in 2024.
Real Estate Agent: 5 Reasons You Need One

Are you considering buying a home? Here are five ways you can benefit from hiring a real estate agent.
A Landlord’s Guide on Top 7 Questions To Ask Potential Renters

To help you jumpstart your screening process, here are a list of questions you can ask prospective tenants to evaluate their potential as a renter of your property.
5 Common Mistakes Landlords Make That Kill Profit

Renting out your property can be a costly endeavor if you do not do proper research and due diligence. If you want to succeed in renting out your property, here are five common mistakes to avoid.
30-Year Mortgage Rate Drops To Lowest Level in 4 Months

Mortgage rates for the 30-year fixed term dropped to 6% after surging past 8% in October. Mortgage rates, especially for the 30-year fixed term, dropped to the lowest levels recorded since early August.
Shark Tank Star Barbara Corcoran Reveals Her Golden Rule in Real Estate Investing

Real estate investor Barbara Corcoran shared her two-part "golden rule" that helped make her a millionaire.
How Much Does a Real Estate Agent Make in the US?

Real estate agents usually earn money from commissions and their split with the sponsoring broker. Here's how much real estate agents typically make in a year.
5 Creative Ways To Fill and Make a Profit From Vacant Office Spaces

Since the COVID-19 lockdowns, owners of commercial and office spaces have encountered difficulties in filling vacant units as companies switch to remote working setups. Here are some ways to generate income from vacant office units.
15- And 30-Year Term Mortgage Rates Continue To Fall, Bidding Wars May Follow

Mortgage rates for 30-year and 15-year terms dropped to under 7% after they surpassed 8% in October.