Monthly Archives: April 2013

New Report: Mortgage Loans Now Easier to Get

Posted by JD Esajian // April 30, 2013

business concept. money with hand

Does a new report really reveal that mortgage loans are becoming easier to get, or is it all just more hype? Ellie Mae, a mortgage origination software firm has released a new report suggesting that mortgage credit is becoming more accessible for those buying a home. So how much easier has it gotten since last year and where should you turn to for a mortgage loan? The survey shows that the average FICO score for approved mortgages last month stood at 743. While high, this is down about 5 points since last year; a step in the right direction.

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6 Tips for Ensuring Real Estate Business Continuity

Posted by JD Esajian // April 29, 2013


Does your real estate business have a plan to ensure business continuity? Having a business continuity plan is critical to the ongoing success of all real estate related businesses from real estate investing companies to brokerages, especially as we are fast heading into hurricane season again with expectations of an extremely active year. Whether you are a real estate investor or broker, being prepared is about far more than protecting individual properties or listings. The biggest threat is interruption of income.

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How Profitable Is Your Work Setup?

Posted by JD Esajian // April 26, 2013


Perception and credibility aside, as a real estate investor, agent or other related professional, where you work matters a lot when it comes to productivity and net profits. Being an independent real estate professional offers the freedom to choose where you work; Anywhere from working at home, taking on your own storefront, forking out for high profile Class A office space, or even a shared office arrangement. However, if you aren’t hitting all of your goals, you might be in need of a new work setup to boost your productivity.

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The Real Reason the Housing Rebound Can’t Fail

Posted by JD Esajian // April 25, 2013


Despite the predictable rebound of the U.S. housing market and national home prices marching up 10% plus per year, there are still a few that enjoy questioning the strength and longevity of the recovery. So how do we know the housing rebound isn’t going to fall apart? Statistics and cycles aside there is a far more powerful reason that the current upturn in the U.S. real estate market won’t be derailed or run out of gas for years to come.

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Home Improvement Trends in America

Posted by JD Esajian // April 24, 2013


Have you been following the current home improvement trends across the country? Do you know what are the most common projects, what are the biggest motivators for renovating, or how many of your neighbors are secretly launching their own DIY plans on the weekends? New data from the Census Bureau and HUD released in the American Housing Survey shows U.S. homeowners still spending hundreds of billions on home improvement and remodeling projects.

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New Haven, CT Courthouse to Get Rehabbed

Posted by JD Esajian // April 23, 2013


President Obama is jumping on the real estate rehabbing trend with plans to invest in upgrading New Haven. What does this mean for real estate investors and local home buyers? A part of the new budget includes almost $5 million for renovating and restoring the historic Richard C. Lee Courthouse on Church Street in central New Haven. This is just part of a multi-billion dollar renovation plan for updating government buildings, and while it may be criticized by some it will definitely be welcomed by many locals.

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The Real Drivers of the 2013 Real Estate Market

Posted by JD Esajian // April 22, 2013

House keys, plan and model houses.

What’s driving the housing market this year, and where does it suggest the best opportunities for real estate investing are? While some reports point to real estate as the only positive thing happening in the U.S. economy, there is a lot more going on than many give credit for. Real estate may be the biggest driver of the economy and jobs right now, but we need a broader spectrum of growth in different industries to keep the current rebound sustainable and to launch us into a full-on boom period.

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El Cajon Foreclosure Auctions Begging for Buyers?

Posted by JD Esajian // April 19, 2013


Are there really any California real estate deals coming on the market that investors have a shot at, without being forced to bid up and over pay for? San Diego’s hot real estate has been a staple in the media with plenty of sensational stories about outrageous bidding wars over homes for sale. While the Southern California housing market is hot and healthy, that doesn’t mean that there aren’t great real estate investing opportunities and deals for those that know where to look.

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CT Homes Reviews Coworking Venues for Real Estate Investors

Posted by JD Esajian // April 18, 2013


Could a coworking office space be a good solution for you as a real estate investor? Coworking or shared, social style office spaces have become a hot trend, with many new options popping up around the country. They might have begun with tech startups in mind but are now widely used by a whole array of entrepreneurs and industries, including real estate investors. So is it for you?

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Rising Real Estate Trend: ‘House Stalking’

Posted by JD Esajian // April 17, 2013


With houses now selling so quickly and competition increasing, more and more buyers are turning to innovative tactics to find properties, with the latest trend being ‘house stalking’. A recent article published by Reuters reports that in the last year, ’20 percent of those who sold their homes without using a real estate agent did so because they were directly contacted by a prospective buyer’.

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