The great thing about investing in real estate is that it can lead to a steady stream of passive income. And while there are different ways to achieve that goal (for example, loading up on real estate investment trusts, or REITs), one tried-and-true strategy has long been to purchase income properties. Income properties offer real
Tag: Buying
Image source: Getty Images Buyers may have more options for purchasing newly built homes. Key points You’ll typically spend more money on a newly built home than an existing one. While new construction costs soared last year, this year, buyers may get a reprieve. If you’re looking to buy a home, you may be considering
Buying a new construction home in 2022 New construction homes have updated floor plans and appliances, require less maintenance, and they’re often more energy-efficient. Not to mention, new construction might sound appealing in the current market, where existing homes for sale are in short supply. However, the process of buying a newly built home is
The finance world seems very bullish these days about online marketplaces that deal in gently used furniture and other home-decor wares. Just last September, industry pioneer Chairish scored $33 million in Series B funding from a handful of sources, and Moderne Ventures recently bestowed $5 million on pre-owned-furniture vendor Kaiyo to underwrite an expansion of
East Tennessee’s booming real estate market is attracting out-of-town homebuyers. That added competition for homes, combined with low inventory and an increase in home prices, is making it more difficult and expensive to buy a house in the Knoxville area. According to the Freddie Mac Housing Price Index, Knoxville’s May home prices increased by 21.4% since May
First-time homebuyers on a house hunt today quickly learn that they’ve got plenty of competition. Thanks to the COVID-19 pandemic, people are moving more than ever, sending home prices soaring and sparking bidding wars galore. But some buyers have found a smart solution to sidestep this madness: by buying a home that hasn’t even been
Buying an existing or new construction home is the most exciting day of many people’s lives and also the most frightening. When a person rents an apartment or a house they can’t make many changes and must get permission to even paint a room. But, they also don’t have to worry about maintenance and repair
Knowing what’s included in the base price prevents expensive surprises. (iStock) Buying a newly constructed house can be highly appealing. It’s clean in a way a previously owned home will never be, and as the original owner, you’re able to customize certain features. At the same time, you may avoid costly home improvement maintenance associated