2024 – Page 55 – REI INK

How to Become Successful Real Estate Entrepreneurs?

Always Do What You Say You Are Going to Do and Do it With Integrity Tim and Melissa Swartz are independent business owners with HomeVestors® of America, Inc. in the Columbus, Ohio, market, and Melissa is currently serving as the Ad Council President for that area. The couple started their HomeVestors business, HumbleBee Properties, LLC in 2017 after each having successful careers in business and education administration. Their driving factor

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Invigorating America’s Housing Market

Some Proposals for Consideration By David Howard This year’s State of the Union address featured a number of proposals designed to invigorate America’s housing market. Most notable among the proposals: »              A two-year mortgage relief credit of up to $10,000 for first-time homebuyers »              A one-year tax credit of up to $10,000 for homeowners who sell a starter home to owner-occupants »              Up to $25,000 in downpayment assistance for first-time

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Home Investor Share Inches Higher

Small Investors are Gradually Regaining Their Market Share By Thomas Malone The high U.S. home investor share seen over the past two years nudged up higher to close out 2023. In December, the share of single-family purchases that were made by investors hit 28.7%, an all-time high in CoreLogic’s data that dates to 2010. This was a clear rise over the Fall share and raises the possibility that the share

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Has the American Dream Changed?

More Americans Placing Higher Value on Renting than Home Ownership By Entrata Staff Entrata, a leading AI-enabled multifamily industry operating system, announced The New American Dream report, which found that the American Dream is changing as more people are renting by choice and not because they can’t afford to own a home. In fact, 20% expect to be lifelong renters, an increase of 33% percent from 2021 (15%). This further

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Networking with Intention to Build Strong Business Relationships

Kurt Power is a real estate investor, a certified IRA specialist, and the head of Business Development at Quest Trust. He has years of experience in different areas of the industry and he is on the show today to help us learn some of the most valuable lessons he learned throughout his career. Listen now to learn more about Kurt’s journey from the fitness industry to real estate, the power

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The Typical Homebuyer’s Down Payment Is $56,000, Up 24% From a Year Ago

Redfin reports over one-third of home purchases in February were made in all cash—not far from the record high The median down payment for U.S. homebuyers was $55,640 in February, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s up 24.1% from $44,850 a year earlier—the largest annual increase in percentage terms since April 2022. The typical homebuyer’s down payment last month was equal to 15% of

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