Low Housing Inventory & Effects on the Market
Low housing inventory is affecting the country as a whole right now, and has played a huge factor in the market since the pandemic. What does it mean for buyers and sellers? Read on. . . #1 Why is the housing inventory low?All of the areas our team services are unique from metropolitan areas because […]
Understanding Return on Investment vs. Return on Equity as it Relates to Rental Income on Real Estate
Investing in real estate is a popular and effective way to build wealth over time. But when it comes to calculating the success of your investment, it’s important to understand the difference between return on investment (ROI) and return on equity (ROE). ROI measures the amount of money you make on your investment relative to […]
February 2023 Summit County Market Stats
There were 91 new residential listings in February. That was a decent increase over January, especially since february is a shorter month 78 properties went under contract in February which is a drop over the previous month 85 properties actually closed in February which is a jump and is a result of quite a properties going under contract in january We […]
Short Term Rental Update – Summit County, March 2023
As short term rental regulations have changed in and around Summit County, our team has been diligent in keeping our clients up to date, though it hasn’t been easy. Now that the dust has settled, we can provide an accurate update on the changes in each area! #1 Unincorporated Summit CountyThe moratorium is over, and […]
Buying in a New Construction Development
From timing to contract terms to customization options, it’s important to be aware of what purchasing new construction entails! Read on to learn more about purchasing new construction. For more information about local New Construction opportunities, click here. #1 Seek Representation (a Real Estate agent)While you can certainly work directly with the builder, keep in […]
Beware of Scams and Fraud!
Our team and our clients have experienced scams and fraud firsthand in the past year, which makes January the perfect time to share helpful tips for protecting yourself- fraud free in 2023! #1 Scammers pretend to be a person or company you know- and they’re pushy about it!They will call you or text you with […]
Short Term Rental Update – Unincorporated Summit County
If you’re reading this, you’ve likely been trying to patiently await news about Short Term Rental Regulations in Unincorporated Summit County. Here is a quick rundown of what we know so far about neighborhood caps and estimated wait times, which could be much longer than you think if the proposed caps are implemented. Proposed Neighborhood […]
