Category Archives: General

Banks may have to brace for heavy losses as commercial property prices plunge

Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant losses for banks, according to a recent report.
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Best Down Payment Assistance Programs for First Time Buyers

COVID-19 included, the biggest obstacle to home ownership remains the financing. For most, it’s saving the down payment. Especially if you haven’t owned a home before that builds equity to transfer as the down payment when you upgrade or move to another location (but that’s not a first time buyer). The Millennial Generation is having […]

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Rising new home starts still can’t meet demand, experts say

New home building starts were up more than 8% at the start of October compared to one year ago, but the increase is still not enough to meet demand, according to Lawrence Yun, chief economist of the National Association of Realtors. Yun noted that housing starts in September were at a 1.42 million unit production […]

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Converting Prospects to Buyers with Conversational AI for Real Estate

Turning browsers into buyers is the ultimate sales goal. A competent salesperson can strike up a conversation with a passer-by and, armed with nothing more than good cheer and convincing patter, conjure a deal out of thin air. This is true of the property industry too, with real estate agents often earning a 5-6% commission […]

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How to Keep Your Home Safe This Halloween

Unfortunately, more than seven months into the COVID-19 pandemic, people are still uncertain of what is safe. For example, according to a new survey by Real Estate Witch, only 60% parents said they were planning on trick-or-treating this year, and only a third of those participants said that they would be taking extra precautions. For […]

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