5 Reasons Why You Should Not Invest in Airbnb Properties
Michael Gailliot Homes Blog
by admin
1y ago
Airbnb properties are among the most trending and high-yielding investment opportunities today. The short-term rental income can be rewarding beyond belief without requiring much effort in return. However, Airbnb properties have also proven to be quite unreliable and uncertain, which is why they have attracted the critical eye of many experienced investors and real estate agents in Mount Vernon, VA. Here are 5 downsides of Airbnb properties which render them an ill-advised investment. 5 Airbnb Disadvantages You Should Know about Before You Invest 1. Inconsistent Cash Flow Airbnb’s are often a ..read more
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Why Real Estate Is Less Volatile than the Stock Market
Michael Gailliot Homes Blog
by admin
1y ago
Real estate and the stock market are two of the most popular and high-yielding investment options. As such, they both have become a household name for experienced as well as novice investors. Naturally, this widespread popularity of the two investment channels has been a cause of rivalry. On several occasions, they have been pitted against one another to determine which of the two is superior. Reports suggest that the net value of housing in the US has doubled in the last decade and now has a net worth of $43.4 trillion. On the other hand, the US stock market’s net capitalization value is $48 ..read more
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Why Real Estate Is Less Volatile than the Stock Market
Michael Gailliot Homes Blog
by admin
1y ago
Airbnb properties are among the most trending and high-yielding investment opportunities today. The short-term rental income can be rewarding beyond belief without requiring much effort in return. However, Airbnb properties have also proven to be quite unreliable and uncertain, which is why they have attracted the critical eye of many experienced investors and real estate agents in Mount Vernon, VA. Here are 5 downsides of Airbnb properties which render them an ill-advised investment. 5 Airbnb Disadvantages You Should Know about Before You Invest 1. Inconsistent Cash Flow Airbnb’s are often a ..read more
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Virtual Staging: An Innovative Way to Impress Buyers
Michael Gailliot Homes Blog
by admin
1y ago
Home staging is a home selling technique that helps buyers view homes and recognize if a specific home meets their needs. A 2021 survey found that 41% of prospective homebuyers were more likely to purchase a home after seeing an online walkthrough of the property. Many home sellers furnish their property for showings to help demonstrate the home’s full potential for prospective buyers. This process has been taken a step further in the digital era in the form of virtual staging. Let’s examine the rise of virtual staging, its benefits, and how homeowners can use virtual staging to their advantag ..read more
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The Impact of Rising Gas Prices on the Home Improvement Industry
Michael Gailliot Homes Blog
by admin
1y ago
Gas prices in the United States have risen by approximately 120% since 2020. This rapid price increase has affected the, transportation, and manufacturing industries. Such fuel price inflation has also impacted the home improvement industry in several ways. This includes higher material production costs, material transportation costs, and contractor rates. Gas Prices in the 2020s Gas prices have followed an unusual trend since 2020. The demand for fuel and petroleum-based products initially decreased at the start of the pandemic, and this led to a short-term reduction in gas prices between Mar ..read more
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5 Tips and Scripts for Your Agents
Michael Gailliot Homes Blog
by admin
1y ago
Tips and scripts in the real estate business can best be described as pre-planned text or telephone jargon tailored to consumer behavior. These scripts help realtors strike conversations with potential sellers and/or prospective buyers, and establish a connection with them. The conversation that ensues could be regarding any topic that the realtor believes would interest the person on the other end, for instance, mortgage rates or your dream home in Springfield, VA. Properly planning and executing a good script helps real estate agents generate leads, build clientele, expand their portfolios ..read more
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Local Real Estate Market in Northern Virginia
Michael Gailliot Homes Blog
by admin
2y ago
The real estate market in Virginia is experiencing a boom right now, as is the rest of the country. Home prices surged by 10.9% year-over-year in March of 2022. While the number of homes sold fell by 5.6%, the total number of homes for sale also fell by 36.1%.  It seems like it’s a great time to buy and sell in the Virginia real estate market. So, should you buy homes for sale in Kingstowne, VA?  Here’s everything you need to know. Virginia’s Housing Market Has Had a Record-Breaking 2021! The December 2021 Homes Sales Report from Virginia REALTORS painted a very sunny picture. Local ..read more
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What is Metaverse Real Estate? How to Buy Land & Real Estate in the Metaverse?
Michael Gailliot Homes Blog
by admin
2y ago
The Metaverse is the new buzzword for a potential virtual life for everyone. While altogether unfamiliar to the world at large, it entails having a virtual equivalent for everything online. This includes real estate. How it will function and what purpose it will have in everyone’s lives is still unknown.  Here is everything you need to know about digital real estate in the metaverse.   What is Metaverse Real Estate? The concept of the metaverse is hardly new. Living online and having a digital life is a concept that has been explored in films like The Matrix and Ready Player On ..read more
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Current Developments in the Real Estate Industry
Michael Gailliot Homes Blog
by admin
2y ago
While the COVId-19 pandemic shook every industry including real estate, the recovery has begun. The output has already peaked above pre-COVID-19 levels, and jobs are recovering to previous levels. However, more important than that is a new reality setting in.  Real estate is governed by more variables today than before. Areas previously thought to have the most value aren’t as hot anymore. Big cities which commanded huge prices and extravagant lifestyles don’t make sense anymore.  Remote work and online video conferencing have changed real estate buying decisions. Even certain buildi ..read more
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Top 10 Green Home Building Ideas and Techniques
Michael Gailliot Homes Blog
by admin
2y ago
Do you want to build a greener home for yourself and for your children? It’s not just the right thing to do, it’s also fiscally responsible and practical. Here are 10 great techniques you can use for building a green home from the ground up.  Use Energy Efficient Lighting Everywhere This is one of the most common green energy ideas for homes. Replacing old incandescent light bulbs with LEDs is not just energy-efficient, it’s practical. LEDs light up faster, are brighter, and save you more on the annual energy bill.  According to the US Department of Energy, 15% of the Average Americ ..read more
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