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Caleb Hommel and Chuck Sotelo knew little to nothing about real estate before investing in their first property. They were only teenagers, after all."We had no experience," Sotelo told Business Insider. "We didn't have any credit, we didn't have any money, and we didn't really have any connections."The friends, who met on the first day of high school when they sat next to each other in a pottery class, started discussing buying property during the pandemic. At the time, they were enrolled in two different junior colleges, but remote learning...

The top housing market in the U.S. this spring season is a heartland hub where the typical home costs an impressive $200,000 less than the national median. Toledo, OH, a city of 265,000 people situated on the western tip of Lake Erie, claimed the No. 1 spot in the latest Wall Street Journal/Realtor.com® Housing Market Ranking through a winning combination of strong demand, quick market pace, and impressive price growth compared with a year ago.   Although a midsized city, Toledo—located about 60 miles from Detroit—attracted outsized attention from homebuyers during the first three months...

  Kenya’s luxury hospitality sector is riding a wave of significant growth, attracting the attention of global investors, policymakers, and tourism experts alike. As the country positions itself as a premier destination for high-end tourism, a confluence of factors — from a steady influx of international visitors to a stable economic environment — is shaping a compelling investment landscape. These dynamics will be at the heart of discussions at the 12th East Africa Property Investment (EAPI) Summit, scheduled for May 7–8, 2025, at Pullman Hotel in Upper Hill, Nairobi....

Fast-growing fruit trees for your backyard harvestHere are five fast-growing fruit trees you can plant in your backyard for a quicker harvest.unbranded - LifestyleRates for home loans remained high as consumer and investor confidence take a hit amid the White House's tariff rollout.In the week ending April 24, 30-year fixed-rate mortgages averaged 6.81%, Freddie Mac announced. That’s down fractionally from 6.83% last week, which saw the biggest one-week jump since last August.Those figures don’t include fees or points, and rates in some parts of the country may be higher or lower than the...

Texting was already available, but now a translation service is offeredThe Dover Police Department is one of the first in the U.S. to use the enhanced 911 service for sharing of photos and videos, and text translation.A real estate agent impersonates a seller and pockets $3 million from fraudulent property sales. A Los Angeles homeowner loses their house to an international identity theft ring. In Florida, during a scheduled video call with the seller, a title company is met with an AI-generated fake.These stories may sound sensational, but the crimes...

New Delhi , April 23 (ANI): The total capital inflow in the real estate sector will maintain positive momentum in the current year as a significant 70 per cent of investors plan to boost their real estate allocation this year, a survey by commercial real estate services and investment company, CBRE said.In 2024, real estate investment reached unprecedented levels, marking a record high in capital inflows.Leveraging the record high investment activity of 2024, total capital inflow will maintain positive momentum in 2025 as a significant 70 per cent of investors...

How can Nashville area balance low taxes, growth and quality services?The 14-county region in the Nashville area grew by more than 3,000 people a month from 2010 to 2020. This growth brings opportunities and challenges.WochitThe average is the result of the latest four-year reappraisal cycle.This is the second time since 2017 that Nashville has set a record-high increase in property values.From here, Nashvillians will wait for the state to establish the certified tax rate and for the Metro Nashville Council to set the local property tax rate to determine their...

A chill has fallen over the US housing market. The typical American home is selling at its slowest pace in six years, according to a new Redfin report. Competition between buyers declined as the supply of homes hit a five-year high. The fresh data, first reported by Mansion Global, reveals that the post-2020 heyday of multiple offers, bidding wars and hair-trigger buyers is well and truly over. Homes haven’t spent this long on the market since 2019. moodboard – stock.adobe.com Inventory has been piling up this year amid uncertainty and...

Some industry participants call this the policy that the National Association of Realtors should have put out.Protect yourself from these common real estate scamsReal estate scams are on the rise. Here’s how to protect your home and your wallet from the most common cons.A battle over how homeowners list their properties for sale is shaking up the housing industry, with big implications for sellers and buyers.On April 10, the massive real estate company Zillow announced it would not accept any listings that have been previously offered for sale in a...

From luxury homes to office buildings, shared ownership is transforming how people invest in propertyread moreFor many years, investing in high-value real estate was something only large institutions or wealthy individuals could afford. The main challenges included:• Large upfront capital requirements• Complex property management• Difficulty in liquidating investmentsAs a result, everyday investors were largely excluded from this market.Enter Fractional Ownership Platforms (FOPs)In recent years, Fractional Ownership Platforms (FOPs) have introduced a new investment model, allowing individuals to own a portion of real estate assets rather than buying the entire property....