Changing Trends Bring Opportunities in the New Year By Carole VanSickle Ellis As the end of 2007 drew to a close, the state of the housing market was not confusing; it was just bleak. 10 million mortgage borrowers were set to lose their homes. New-home sales volumes had fallen by more than 26% (a record), and the median price of a home had fallen by 10%. The housing market was
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A Critical Tool for Investors to Mitigate Investment Risk and Determine ROI By ATTOM Team AVMs (automated valuation models) are found on almost every real estate site — from Zillow to Redfin. They are perfect tools for a quick property valuation, but what about their accuracy in times like these, when nobody really knows which way the market is going to go? Is inflation going to continue to slow the
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Partnership, Data & Technology Combine for SFR Success By Carole VanSickle Ellis Ask Progress Residential CEO Adolfo Villagomez about the “secret” to the company’s exponential growth, and his answer will be simple: “When customers like your product, they buy more of it, and that helps you drive growth.” Then, he will almost certainly add, “You cannot do these things by yourself.” The answer sums up, in fewer than two dozen
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Building Community and Strengthening the Industry’s Legislative Voice By Jon Hornik, Esq. For decades, private lenders operated independently of one another, with little need for a unifying body to guide or protect our interests. With the influx of institutional investment, private lending has become a more sophisticated and high-profile industry. We need a collective voice and vision to help usher us into this new space. Today the National Private Lenders
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Spread the Word – and Stay Pawsitive By Victoria Cowart, CPM Are you acquiring residential rental property and wanting to start on the best foot? Here’s a question that will impact approximately seventy percent of your renters. How will you respond to pets in your rental properties? Will you prohibit pets? Will you become pet-friendly? Or will you push yourself and your success by becoming pet passionate? Available data today
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Rentals Will Still Reign Supreme in 2023 By Erica LaCentra Investors probably wish they had a crystal ball to easily predict what the new year will hold for real estate and more importantly, where the biggest opportunities in the market will be. However, even without a crystal ball, predictions are in for what 2023 has in store for the real estate industry. Investors will need to be shrewder and savvier
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