Significan LC

10/31/2022

The closest distance between two points is a straight line.

But entrepreneurship is ANYTHING but a straight line. And when we expect it to be, that's when we get frustrated.

When I look at my business and entrepreneurship journey, it's ANYTHING but a straight line.

- Booming success to literally homeless.
- Homeless and living in my work van to owning and co-owning multiple businesses.
- Being an electrical contractor to investing in and managing multifamily real estate projects.

There is no straight line from Point A to Point B in entrepreneurship. When we set goals, and we make moves to accomplish them, I think it gets really easy to forget that who we are when we accomplish those goals is not the same person we were when we started - because we grew in the journey.

09/01/2022

In order to rent your home or have a property to rent out, you need to understand tenant referencing. Efficient referencing is crucial to every aspect of the rental process, whether you're a tenant or a landlord. Gain clear, simple answers to all the most commonly asked questions on the subject.

Find out everything you need to know about tenant referencing. What is tenant referencing? Why do landlords do it? What does it involve and more.

08/31/2022

Mortgage rates appear to be settling in the 5% range after recent dramatic climbs that shocked home buyers.

Click article to read more

As inflation appears to have peaked, borrowing costs are starting to stabilize.

08/30/2022

The pros and cons of investing in real estate verse owning the business

I have been a real estate investor for many years and recently a small business owner as well. Now technically, I owned small businesses if you count my real

08/29/2022

DiBugnara believes we can expect relatively low rates to continue, at least for a while.

“The national average interest rate will likely stay somewhere around 3.25% for 2022. There is not enough stability in the market to sustain a large increase in interest rates,” he says.

Rick Sharga of RealtyTrac, by contrast, is forecasting an average rate of 3.5% by mid-year 2022 and an end-of-year rate of 3.75%.

“Mortgage interest rates are likely to go up for several reasons, including continued economic growth and higher yields on U.S. 10-year treasuries, which often directly influence interest rates on 30-year fixed-rate loans,” Sharga says.

“Another significant factor is the Federal Reserve’s recent announcement that it would begin to taper its purchases of $40 billion a month in mortgage-related securities, which alone should give mortgage rates a bump.”

Lord subscribes to that theory.

“Based on my economic analysis, I predict a modest rate increase to 3.7% in 2022. Rates cannot increase drastically, given the current fiscal environment,” adds Lord.

Others wouldn’t be surprised if rates creep even higher than these estimates.

“Look for 30-year fixed rates to move and then hold steady in a rate range of 3.75% to 4.25% by late 2022. Even with that jump, keep in mind that mortgage interest rates will remain at historically favorable levels,” says Buege.

Source: https://themortgagereports.com/85263/housing-market-predictions-2022

08/28/2022

You are invited to join Significan Lifestyle Communities in purchasing a 275-unit six building apartment community in Shaker Heights Ohio.

⭐ Located directly across the street from a brand new $100 million mixed-use transit orientated development – retail, shopping, and luxury apartments (opened Summer 2019)
⭐ Will be acquiring at a purchase price that reflects a significant discount from pre-COVID pricing expectations..
⭐ Presents a clear repositioning value add opportunity.

This opportunity is filling up quickly.

Find out more about Shaker 6 HERE:
https://significanlc.com/shaker_6_introduction/

08/22/2022

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported by strong market fundamentals.

To understand why price declines are unlikely, it’s important to explore what caused home prices to rise so much recently, and where experts say home prices are headed. Here’s what you need to know.

Over the last two years, the rate of home prices appreciated at a dramatic pace.

08/08/2022

Slowing housing market, rising mortgage rates biggest factors: Redfin

A slowing housing market and rising mortgage rates are contributing to a rise in canceled contracts.

07/21/2022

Looking for a safe place to ride out a potential housing storm? These ten states are the most stable.

Looking for a safe place to ride out a potential housing storm brought by rising rates and prices? These ten states are the most stable.