article thumbnail

Why Are Homeownership Trends Different for Millennials and Gen Z?

Eppraisal

These are the factors influencing the latest homeowner trends for younger generations and average home values. The Real Estate Market Creates More Competitive Home Values Baby boomers only had to compete with other prospective homeowners when they bought their starter homes.

article thumbnail

Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord. By contrast, a homebuilder acquires raw land to build on and sell when home values are high. A realtor sells houses -- yes, the land underneath and surrounding -- first and foremost.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Sell Your Investment Property This Spring?

Eppraisal

Your decision will depend on the analysis, your rent and whether or not you are planning to be a landlord for the long-term. Real Estate Investors by Default Some homeowners became investors in the years following the 2008 crash because they were underwater when it came to the value of their homes. year-over-year to $368,200."

article thumbnail

Various Shades of Buyer Representation

Eppraisal

Even though home values are rising, and buyers are competing for homes, exclusive buyer representation requires the agent to do everything in his or her power to get you the home on terms that are beneficial to you and for the best price. Disclose financial qualification of the buyer or tenant to the seller or landlord.

Buyers 36
article thumbnail

What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

home values by consulting Google Earth and real-estate websites. BPOs have been used to value collateral in the more than $20 billion of bonds sold by institutional landlords, such as Blackstone’s Invitation Homes Inc., Real-estate agents gobbled up the jobs as home sales dried up. It never did, said Ms.

article thumbnail

What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

home values by consulting Google Earth and real-estate websites. BPOs have been used to value collateral in the more than $20 billion of bonds sold by institutional landlords, such as Blackstone’s Invitation Homes Inc., Real-estate agents gobbled up the jobs as home sales dried up. It never did, said Ms.

article thumbnail

Making the Decision to Stop Renting

Eppraisal

When you own a home you are responsible for the real estate taxes, homeowners insurance, homeowners association fees, maintenance, repairs, upkeep and the like. Renters just pay the monthly rent and the landlord pays the mortgage and all the other costs. Today's Market Home values have been rapidly increasing over the past year.