The Preferred Blog
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What is a 1031 Exchange? For New Real Estate Agents & Investors
A 1031 Exchange allows real estate investors to sell a property and buy (exchange) another property without paying capital gains taxes. In this way, it is similar to a 401k rollover but with its own set of strict rules and procedures. This tax deferral strategy has four key rules. Let's take a look: By Hayley Baldinelli, J.D. Table of Contents 4 Key Rules of a 1031 ExchangeTypes of 1031 Exchanges1031 Exchange Critical DatesHow to Get Started 4...
Identifying and Avoiding Real Estate Fraud: What to Look For & How to Protect Yourself
As fraud continues to target real estate transactions and divert settlement funds, it’s crucial for everyone involved to remain vigilant at all times. This blog highlights various forms of fraud and offers tips to help you avoid being scammed. PHONE CALL SCAM "Hello,...
Unlocking Savings: The Benefit of Refinancing Your Mortgage in Today’s Market
Have you bought property since 2022, when mortgage interest rates surged from around 3% to nearly 8%? If so, you might be one of millions of Americans who could benefit from refinancing the mortgage on your primary residence, vacation home, or investment property....
Navigating Homeownership Challenges: The Struggles of First-Time Buyers in Today’s Market
The number of homes available for sale per renter household in the U.S. is hovering near historic lows, underscoring the challenges that first-time buyers face in the current housing market. Currently, there are approximately 30 renter households for every available...
Debunking Common Myths About Homebuying: Setting the Record Straight for a Smoother Journey
There are several myths about homebuying that can be quite intimidating in today’s market. Myth # 1: It's not a good time to buy because home prices are likely to crash. Reality: Home prices aren’t likely to crash. While home prices vary by locale, nationally, home...
A Greener Future for Real Estate
The demand for sustainable and innovative real estate construction is on the rise. Consumers, industry leaders, and legislators alike are seeking greener options, from biodegradable materials to renewable energy. As a result, builders, contractors, and...
2025 Real Estate Predictions: Key Trends to Watch For
As we head into 2025, it’s essential for real estate agents to stay ahead of emerging trends. By understanding what’s shaping the market, you can set yourself apart from the competition. From economic changes to technological innovations and evolving buyer...
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