Mortgage Points Explained: When Buying Down the Rate Makes Sense
Mortgage points can lower your interest rate, but they only make sense if the upfront cost is worth the monthly savings.
Mortgage points can lower your interest rate, but they only make sense if the upfront cost is worth the monthly savings.
AI is becoming a practical tool in real estate, but fair housing rules still apply. Agents, brokers, property managers, landlords and housing platforms are using artificial intelligence for listing descriptions, marketing, lead follow-up, tenant screening, content creation, photo workflows and customer service. Those tools may save time, but they can also create compliance risk if … Read more
Office conversions are one of the most talked-about ideas in commercial real estate, but they are not a universal solution for vacant office buildings. The basic concept is appealing: take underused office space and convert it into apartments, hotels, life sciences space, schools, self-storage or another use. In theory, conversions can reduce office vacancy, add … Read more
Sellers can still offer compensation to a buyer’s agent after the real estate commission rule changes, but the process is different from the old MLS-based system. The key distinction is simple: sellers still have choices, but offers of compensation cannot be listed on the Multiple Listing Service. Sellers can also offer buyer concessions, such as … Read more