Real Estate, Updates, News & Tips - George Zoumot - iPro Real Estate

REALTORS: The keys to a better virtual tour

7 photography and videography tips for an eye-catching virtual tour It’s no surprise that the vast majority of potential home buyers are using the internet to search for houses. Recent studies show that buyers are paying particular attention to photos and virtual tours. So, how can you do more with your photography and videography to better position your listing?Below are seven tips to capture the eye of potential buyers and inspire them to sch

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Fast-Paced Luxury Sales Raise Entry-Level Price Point

It’s a good time to be selling high-end real estate: The luxury market is posting a record number of sales, and 19 major areas also saw double-digit gains in July, according to realtor.com®’s 2018 Luxury Home Index. The index measures the entry-level luxury price tier, which is the top 5 percent of residential sales among 91 U.S. counties.In 49 of the 91 markets analyzed by realtor.com®, the luxury tier had an entry point of at least $1 mi

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Fannie, Freddie Extend Mortgage Help to Wildfire Victims

Mortgage financing giants Fannie Mae and Freddie Mac announced that homeowners affected by the record-breaking wildfires across California may be eligible to stop making mortgage payments for up to 12 months.Borrowers living in Federal Emergency Management Agency-declared disaster areas are eligible for up to 12 months of forbearance with their mortgage. The government-sponsored enterprises will also waive assessments of penalties or late fees ag

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Vegas Shooting Victims to Get Proceeds From Sale of Gunman’s Homes

Two homes for sale in Las Vegas formerly belonged to Stephen Paddock, the man who carried out the deadliest mass shooting in U.S. history. The homes are listed in Mesquite and Las Vegas, and all proceeds of the sales will be sent to the shooting victims’ families.Paddock, 64, opened fire on hundreds of concertgoers attending the Route 91 Harvest festival on Oct. 1, 2017, blanketing the area with gunshots from the 32nd floor of his Mandalay B

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Dip in Rates Provides ‘Stability’ for Home Sales

Borrowers saw a little relief from recent increases. Mortgage rates dropped slightly this week, with the 30-year fixed-rate mortgage averaging 4.59 percent, Freddie Mac reports.“This stability is much needed for home sales, which have crested because of the multiyear run up in prices, tight affordable inventory, and this year’s higher rates,” says Sam Khater, Freddie Mac’s chief economist. “Going forward, the strong economy will support

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REALTORS: 4 Tips for Growing Your Seller Sphere

Finding real estate clients today, especially sellers, can be challenging. The hot market has made fierce competition for housing leads. Here are four tips from Desare Kohn-Laski, broker-owner of Skye Louis Realty, to give you and your team leverage on finding the right clients for you.1. Create your own circle of offline connections and influences.Widening your offline connections and influences is essential, Kohn-Laski says. Consider getting

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REALTORS® Score Big Win on Business Income Deduction

The IRS on Wednesday published proposed rules on the 20 percent business income deduction that was created as part of last year’s tax reform law. The rules are a win for real estate because they make clear that broad limitations included in the law will not apply to real estate professionals.Under the new law, individual owners of sole proprietorships, including independent contractors and owners of S corporations, LLCs, or partnerships, can ta

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REALTORS: Another ‘Client’ to Please, the Family Pet

Home buyers are increasingly being swayed by their pets when choosing which property to purchase. Three-quarters of home buyers say they would even pass up an otherwise perfect home—their dream home—if it did not meet their pets’ needs, according to a new realtor.com® survey of more than 1,000 consumers who’ve closed on a home in 2018.“It’s heartwarming to find that people will put their pets’ needs first, even when it comes to one

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Neighborhood Names That Attract Wealthy Buyers

You may be able to judge a neighborhood by its name. Some neighborhoods containing certain names tend to attract the wealthiest residents and boast the highest home values, according to a new study by Porch.com, a home improvement resource.Neighborhoods that include names like “Hills,” “Island,” and “Village,” for example, tend to report some of the highest average household incomes in the country. On the other hand, the lowest home v

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HGTV Wins Bid to Buy ‘Brady Bunch’ House

The iconic home depicted in the 1970s family sitcom, "The Brady Bunch," has a new owner and is likely headed back to television. Home design channel HGTV triumphed in a bidding war, revealing itself this week as the new owner of the Studio City, Calif., home.The network is quiet on its plans for the 2,500-square-foot home, but David Zaslav, CEO of HGTV’s parent company Discovery, said HGTV intends to restore the home to its “1970s glory.”

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