Where Will Home Values Go from Here | ProspectNow
Mortgage rates are at record lows. Scarce inventory keeps the market robust. Affordability concerns, however, continue rising. But these low rates, growing savings accounts, and a stronger jobs market have put the dream of homeownership within the reach of a larger number of potential buyers. This is all good news, right? But what if the […]
Everything to Know About Pre-Foreclosure Home Investing
As the world continues to struggle with the COVID-198 pandemic, most media outlets seem focused on a looming eviction crisis. Fewer journalists seem interested in a potential foreclosure surge in the US. The number of foreclosure and pre-foreclosure homes seems lower in 2021 than in 2020, but few programs exist to prevent a crisis from […]
7 Signs of a Great Commercial Real Estate Website
Building a great commercial real estate website can make it easier for your agency to connect with potential clients and close more deals. Perhaps best of all, websites can do a lot of the work for you. Instead of talking directly to people who may or may not want to pursue properties seriously, you let […]
Fraud Prevention: How to Protect Your Clients from Wire Fraud
Javelin Strategy and Research firm conducted a 2021 study into identity fraud and found that last year alone, 49 million American consumers fell victim to this crime. What is more, fraudsters amassed $56 billion by targeting the American public. Most losses came from identity theft, and around a quarter came from conventional identity fraud. The latter […]
A Crash Course on Social Media Marketing for Real Estate Agents
A 2018 report from the National Association of REALTORS Research Group reports that 77% of real estate businesses use social media. The vast majority (97%) use Facebook. Other popular platforms include LinkedIn (59%) and Instagram (39%). Using social media, however, doesn’t necessarily mean that agents know how to make the most of their interactions. The following crash […]
A Quick Guide to Finding Bank Owned Commercial
Finding bank owned commercial properties for sale can give you a low-cost way to enter the commercial real estate market. Banks often gain control of commercial properties when investors can’t repay their loans. Banks don’t want to hold the real estate any longer than necessary. They want to sell the commercial properties so they can […]
Chinese Investment in U.S. Commercial Real Estate: Everything You Need to Know
The U.S. commercial real estate (CRE) industry is a complicated landscape that shifts often. COVID-19 has put a lot of pressure on owners who cannot attract retail and business tenants. Many foreign investors in U.S. commercial real estate worry that they will lose money before the industry recovers. As one of the largest foreign investors […]
4 Reasons You Need a Commercial Real Estate API
The real estate industry continues growing faster than many sectors. According to Newmark, remote working has caused office space demand to sink – yet technology, life sciences, and medical retail are segments seeing expanded growth meaning an explosion of need in Class A – Industrial buildings. The need for a commercial real estate API continues growing. This is due, […]
The Smallest Multifamily Properties With the Highest Cash Flow
As more people look to real estate for passive income streams, smaller multifamily properties show promise as investments. New statistics show that homeownership is in decline. Forbes’ data showed that 78% of families could afford to buy a home with their incomes and interest rates in 2012. By the latter half of 2018, that number dwindled […]
ProspectNow Real Estate Glossary of Terms
Real estate has come a long way from its days of unreliable data, unscrupulous brokers, and lack of transparency. Today, technology is increasingly playing a vital role in real estate to optimize investments and maximize returns. For example, ProspectNow uses predictive analytics to identify properties that will be for sale soon. This gives brokers, […]