September 19, 2024

The Interest Rate-Condo Price Connection

Low interest rates, while often seen as a driver of real estate transactions, can also discourage homeowners from selling their properties. Many owners secured their homes during a period of historically low mortgage rates. These favorable rates made owning a home more affordable by reducing monthly mortgage payments. If they were to sell, they would likely face much higher interest rates when purchasing a new home, leading to significantly higher monthly payments. This "rate lock-in" effect causes homeowners to think twice about selling,
March 22, 2024

Unlock Hidden Gems: How to Find Off-Market Properties

In the world of real estate investing, finding the best deals before they even hit the market can be the ticket to success. Off-market properties—those that are for sale or might be for sale but not listed on public markets—offer a wealth of opportunities for investors, developers, and homebuyers looking to snag a property at a favorable price, away from the frenzy of the open market. But navigating this hidden marketplace requires insight, diligence, and strategy.