Mitzi Powell - Real Estate Broker

08/30/2024

This episode lays out three beginner-friendly steps to dive into small multifamily investing.

08/29/2024

New single-family home sales hit 739,000 units last month, according to the U.S. Census Bureau, up 10.6% from July 2023. It was the sharpest increase in sales since August 2022.

08/27/2024

The cost to paint a house exterior ranges from $1,810 to $4,449 with an average cost of about $3,100.

08/26/2024

The following counties ranked as the least difficult areas when sorted by four contributing factors.

When the counties are sorted by index rank, Iroquois County, Illinois, is the least difficult market to buy a home, according to the NBC News Home Buyer Index.

08/23/2024

Research from GOBankingRates looked at all U.S. cities with populations over 15,000 and 65-plus populations of more than 25% to find some of the most expensive cities to retire in.

When it comes to expensive retirement cities that also throw in large doses of luxury, you need to find cities or towns with easy access to high-end shops, restaurants and resort areas, as well as amenities that might range from award-winning golf courses to Instagram-ready beaches or mountains.

08/22/2024

Here’s a look at 20 counties in America where real estate prices are soaring.

These real estate markets have seen as much as a 14% jump in price over the past year. That’s quite a leap, considering home prices are up only 4.3% on average in the United States.

08/20/2024

Here’s what’s on the radar for the housing market during the second half of 2024, according to experts.

When evaluating the housing market trends in the second half of 2024, it is important to remember that home prices can fluctuate. The median existing-home price across the nation was $426,900 in June, up 4.1% from a year ago, according to the National Association of Realtors.

08/19/2024

Before we dive into the specific grants, it’s important to talk about the general options.

Good news: There are grants for real estate investors available. These grants are typically designed for specific purposes, but let’s discuss some of the most popular real estate investment grants available in 2024.

08/16/2024

Down 79%, this stock could soar with housing recovery

After the Federal Reserve closed July by maintaining the benchmark Fed funds rate at 5.25% to 5.5%, where it's been for over a year, investors have been clamoring for a do-over.

08/15/2024

Enter “mortgage porting,” the practice of transferring the terms of your existing mortgage over to a new property. But how exactly does it work, and what will you need to qualify? Here’s some expert advice on what you’ll want to know before you consider porting your mortgage.

High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who purchased a home in the last few years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average inte...

08/09/2024

The typical newly built house on the market these days is smaller than those for sale a decade ago.

The size of homes newly under construction in 2023 dropped to an average of 2,411 square feet, or a median of 2,179 square feet, the smallest size in 13 years, according to the National Association of Home Builders.

08/08/2024

“What’s happened is that the level of resale inventory has shrunk,” said Robert Dietz, chief economist of the National Association of Home Builders

About 33.4% of single-family homes available for sale in the first quarter were newly built, almost double from pre-pandemic levels, according to a new report by Redfin, a real estate brokerage site.