Real Estate, Updates, News & Tips - Fahema Shinwar - iPro Real Estate

Company Updates - Custom Website

Hello, y'all,Overall the transition to the upgrades has gone very productive. A special thanks to those of you that gave insight that helped to keep it that way, and we even added a few features suggested as well. One of those features is part of the Free Custom Website that also provides you with Lead Capture, Adaptive IDX (that will actually adjust to the user's searching habits), and a CRM for you to manage them. Dig deep into the actual searc

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Appliance Manufacturers Focus on Hygiene

Appliance manufacturers are putting a new focus on keeping bad germs out as they look to attract virus-weary buyers to their new products. LG Electronics, Whirlpool, and others are rolling out products that focus on hygiene by removing germs and allergens.For example, LG Electronics is touting refrigerators that have sterilizing ultraviolet lights. Whirlpool Corp. is launching washing machines with built-in heating designed to eliminate germs fro

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FHA is Next to Raise 2021 Conforming Loan Limits

The Federal Housing Administration announced on Wednesday that it would be raising its loan limits in the new year to keep pace with climbing home prices.The FHA national loan limit, or floor, will increase from $331,760 to $356,362 for single-family home loans, marking about a $25,000 increase over 2020’s limits. The FHA’s loan limit is set at 65% of the national conforming loan limit of $548,250.In about 65 high-cost areas of the country, t

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Welcome to the Team Nancy Neely Dealing the Tampa Bay Area

Referred by Roderick GriffiniPro currently deals throughout the states of California, Texas, Florida, and New York. We continue to strive and broaden opportunities for real estate professionals and consumers. Visit iprore.com for the latest information and links.Click here for information on becoming a salesperson.

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Why Buying is Tougher for Millennials than their Elders

The homeownership rate for millennials is 8 percentage points lower than for Gen Xers and baby boomers when they were millennials’ ages, according to the Urban Institute’s “Millennial Homeownership” report. Younger generations are struggling to obtain homeownership at the same rates as their parents. The Urban Institute estimates that 3.4 million more people would be homeowners if the rate of ownership kept pace with previous generations.

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50 Small Towns with Big-City Home Prices

Buying a home in a small town isn’t necessarily cheaper than purchasing in a big city. Sometimes, small-town living can come with the higher price tag, according to a new study from LendingTree.The online lending marketplace recently analyzed 50 towns with populations under 50,000 that had the most expensive median home values. Researchers then ranked the towns based on where home values were the highest. They also compared home values in these

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The Condo Market is Rebounding

Home shoppers are taking advantage of some discounts occurring in the condo market, fueling the sector’s recovery since the start of the COVID-19 pandemic.Many home buyers have been drawn to upsizing during the pandemic, heading to the suburbs in favor of larger single-family homes with greater privacy. But as single-family home prices soar, some buyers are being priced out and drawn back to condos for their affordability. The average single-fa

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Where Rooftop Solar Panels are Worth the Money

Solar photovoltaic panels can offer homeowners reduced electric bills and are a more environmentally friendly way to power up a home. But they can be pricey to install, leading to questions about whether the return on investment is worth it.Home Innovation Research Labs recently analyzed the cost-effectiveness of rooftop solar panels on new homes in five markets: Phoenix; Tampa, Fla.; Kansas City, Mo.; Boston; and Seattle. The analysis did not fa

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Investors Vie for Build-to-Rent Single-Family Homes

More subdivisions of new single-family rental homes are emerging amid the pandemic as renters are drawn to the extra space in the suburbs. Investors are backing the "build-to-rent" homes under construction across the country on the assumption that the trend of renters looking to upsize from their smaller urban apartments will continue.This year, about 55,000 to 60,000 new rental housing starts are under construction or have been completed in the

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New-Home Sales are 41.5% Higher than a Year Ago

Buyers are increasingly are targeting new-home construction as they face a low inventory of existing homes. New-home sales in October are 41.5% higher than they were a year ago, the Commerce Department reported late last week.“Buyer traffic remained strong in October even as the country’s attention was focused on the elections and policy issues going into 2021,” says Chuck Fowke, chairman of the National Association of Home Builders. “Mor

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