Mortgage rates dropped significantly over the past week as concerns related to the ongoing trade dispute with China and the overall health of the economy dominated headlines. The 30-year fixed-rate mortgage averaged 3.6% during the week ending Aug. 8, down 15 basis points from the previous week, Freddie Mac reported Thursday. This is the lowest mortgage […]
High Times: Is Cannabis the New Secret Ingredient for Luxury Real Estate Sales?
Everyone needs a gimmick—including high-end real estate. In fact, the higher, the better in states that have legalized recreational marijuana. Real estate agents and developers are just beginning to use cannabis to appeal to buyers of luxury properties. And the trend is expected to catch fire—instead of going up in smoke. Last month, a luxury […]
What Is a Duplex? Potentially, 2 Homes for the Price of 1
What is a duplex? Homes come in many shapes and configurations, and one type that’s popular with extended families or budding landlords is a duplex. It’s not just one home, but two. The units or apartments may be stacked one atop the other on separate floors, or they may be side by side with a […]
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