Congratulations! Your home is under contract! Incredibly and historically low interest rates and near all time low inventory levels usually mean…higher prices! Guess what? 2020 is no different because those two factors have lead to price increases across the board. Great news for sellers, great ne...
Right now, and for the past several months, the housing market has been a beacon on the overall economy. As a result of historic low interest rates which have been spurred by economic recovery efforts put forth by The Fed (Federal Reserve Board) due to the covid pandemic, this has had a not so surpr...
Politicians have talked for years about the racial wealth gap and how to help overcome it with varying measures of both success and failure. Home equity accounts for nearly one quarter of net worth which as of 2019 for white families stood at 8 times that of black families and 5 times than Hispanic ...
According to the National Association of Realtors® 2020 Profile of Buyers and Sellers, only 6% of Buyers purchased a home without using the services of a Realtor®. Thought it would be more? Surprise! When we created PropertyGuerilla.com it was done not to eliminate Realtors® (in fact we strongly ...
As the Nations continues to struggle with the pandemic, mortgage interest rates continue to make historic lows and everything in real estate seems peachy. Did you know that the GSE’s known as Fannie Mae and Freddie Mac (FNMA, FMCC) are STILL in conservatorship since placed there September of 2008?...
Usually, when we read stories about the age-old war of “rent vs. own” we read it and much of it makes sense and brings up good arguments for both. Remember we said “usually”. In this case, the Financial Planner cited only her story of her individual experience and has declared that renting i...
For the 5th consecutive year, the Federal Housing Finance Agency (FHFA) has raised the conforming loan limits of Fannie Mae (FNMA) and Freddie Mac (FMCC) by 7.5% over last years limit to $548, 250. Great news for home buyers as well as sellers in a very competitive market driven by historically low ...
If there were ever a sign that it is the year 2020, this may just well be it. The Department of Justice (DOJ) has filed an anti-trust lawsuit invoking, among other allegations, the “Sherman Act” against the National Association of Realtors® (NAR). This likely comes as no surprise as similar cla...
With real estate markets still simmering just about everywhere, several fair housing groups have filed a lawsuit against Redfin® the discount brokerage started in 2006 and now serving over 90 major metro markets. The gist of the lawsuit states that the real estate giant is guilty of and continues t...
First we’d like to start by saying…never mind (but you know what it was going to be). Real estate giant Zillow® took the online real estate industry by storm and essentially replaced Realtor.com as the “go to” place for Realtors®, Agents, and consumers to preview real estate. Everything wa...
It seems the revolution that is 3-D printing is going big, and will likely get even bigger. Stories of 3-D printers making everything from jewelry, to boats, to human organs and bones have been pretty commonplace and the notion of one of them creating a house or apartment is not a new one. But...
Way back in March of this year, many experts were predicting the collapse of real estate due to the coronavirus. Now, many experts (we wonder how many of the same ones) are giving advice on how to win “bidding wars”. Escalation clauses are not new, but for many years were kind of an “out of si...
It’s easy to predict the worst when the factors creating the “frenzy du jour” have never been seen before just like coronavirus. If you’re right, there can be celebration of your ability to navigate uncharted waters and offer never before seen insight. If you’re wrong, the fact that it’s...
Is the current landscape of commercial real estate a short lived phenomenon or is it one that is here to stay? If covid has shown anything, it has shown that remote work can often derive the same results as coming to the office. Many companies have already begun to transition to remote workplaces, a...
For the past few years, real estate has been on a steady track having shown that it’s recent recovery was one that was no fluke and was likely going to continue. Then covid happened. Then speculation ran amok, and most of it was about the total collapse of the real estate market was upon us, forec...
This is an interesting insight from a Financial Planner regarding observations made about home buying during the pandemic. Despite the bumpy ride in our overall economy since March, residential real estate has not only remained strong, but has actually gained strength during the pandemic. Many reaso...
Translation: This is going to get messy. The original eviction moratorium at the Federal level (as the rules vary by State as well) offered protection only for those in federally-funded housing including rental units with mortgages backed by Fannie Mae and Freddie Mac. On September 4th the Center fo...
News like this pertaining to home prices, inventory levels, and sales volume continue to amaze despite the pandemic and the lingering effects of unemployment still with us. The FHFA (Federal Housing Finance Agency), the agency that is among other things the overseer of the GSE’s, has stated that h...
One of the biggest differences about PropertyGuerilla.com and other real estate websites is that we will NEVER require individual users to provide personal contact information to us to use our services. Obviously, if you want to receive Notifications about people interested in Buying real estate in ...
When PropertyGuerilla.com was conceived our priority was to make it as seamless and user-friendly as possible. I guess our translation of that would be to keep the high-tech plug-ins and widgets to a minimum and focus on one thing…keeping it simple! Notifications are awesome, unless everyone happe...