What to Watch for in the 2024 Real Estate Market

Realtor Raquel Rae Lighthouse Realty | Ludington The cost of single-family homes. “In the market, single-family homes in central locations remain at the top of the priority list for those who want to move. Most of the homes that are still highest in demand are three-bedroom, two-bath homes that are in move in–ready shape. A large majority of buyers who are serious about their search and pre-qualified are those with federally subsidized loans like FHA, RD or VA. For these loans to finance, the big-ticket items within a home need to be in good working order, such as the roof,…
Read More

Commercial real estate tycoon says the industry is entering its final stage of grief: Acceptance

It’s been a rough few years for the commercial real estate industry with rising interest rates, increasing operational costs, fewer available loans, and the rise of the hybrid work trend—something that’s proven to be a thorn in the side of office owners. Scott Rechler, CEO of the commercial real estate giant RXR, told Fortune that the industry even went through all the emotional hallmarks of the first four stages of grief—denial, anger, bargaining, and depression—in 2023 as the fallout from its challenges hit home. But now, according to Rechler, CRE leaders have entered the final stage of grief: acceptance. The…
Read More

Real Estate Websites Simplified

Having a strong online presence is crucial for real estate pros. However, maintaining a professional website can be time-consuming and costly, and it may require technical expertise you don’t have. Fortunately, there are strategies you can implement to reduce or eliminate the need to hire or outsource help with website maintenance. The National Association of REALTORS® provides a resource at get.realtor for free, turn-key, customizable websites that serve as a powerful tool to showcase listings, attract clients and establish credibility in the market. The websites are specifically designed for real estate professionals and come with pre-built templates and features, enabling…
Read More