The commercial real estate market is experiencing significant challenges, with office buildings being sold at substantial losses and foreclosures spiking in various states. The pandemic caused a decrease in demand, particularly in downtown areas, leading to a bleak outlook for the future. However, residential real estate is thriving due to increased investment from commercial entities. As a result, residential prices and rents are rising, creating a competitive market. This shift in investment focus may further impact the commercial real estate sector. The situation highlights the contrasting ..read more

In this video, we discuss homes located in flood zones, covering three key points: how to determine if a house is in a flood zone, its impact on home value, and the cost of flood insurance. We emphasize the importance of checking FEMA maps and consulting insurance agents for accurate information. Disclosure of flood zone status is crucial for sellers to avoid legal issues. While flood zones may deter some buyers, they can reduce the overall home value due to a smaller buyer pool. Flood insurance costs typically range from $1,000 to $1,800 annually. Ultimately, buying a home in a flood zone dep ..read more

In the debate over interest rate projections, I watched both YouTubers, Peter Zeihan and Brian Kim about the Fed Funds Rate future directions. Let's break it down and I'll add my own home buying advice that will protect you regardless of how the mortgage rate changes in the future ..read more

In a recent survey of three thousand prospective home buyers, a staggering 90% of Gen Z respondents expressed a desire for a home office in their next dwelling. This revelation has prompted home builders to adapt their designs accordingly, with many opting to include home offices as a standard feature, even in smaller floor plans ..read more

The Shawn Realty Podcast discusses the tightening grip of the US housing market, highlighting decreased affordability and increased investor competition. Strategies for aspiring homeowners include exploring alternative locations, lowering expectations, negotiating, setting realistic budgets, and considering creative solutions. Despite challenges, strategic planning can make homeownership achievable ..read more

In the San Francisco real estate market, one in five homes sold resulted in a loss for the seller, the highest rate in 11 years. Homes sold for $155,000 less than the purchase price. The downtown condo market has seen a decline, while New England and Southern California have held their value better. Holding onto property during market downturns is crucial for long-term value ..read more

In the latest Shawn Realty Podcast, Shawn Yu covers various real estate-related topics, including money-saving tips, mortgage rates, and economic predictions. He emphasizes the impact of tax-adjusted payments, the option of co-ownership, and the concerning trends of deepfake technology and investment companies buying homes. He advises staying informed and considers owning a home a valuable investment ..read more

Household mold poses health risks, especially for children, contributing to symptoms like coughing, asthma, allergies, joint pain, and fatigue. Check for mold near windows, plumbing, and in hidden spaces. Address moisture sources and improve ventilation to tackle the issue ..read more

Just looking at the inventory, we're 500,000 homes less than what we need based on the 2017 standard. There were more buyers than the listings at 1.7 million. Read more to know what the two biggest housing market drivers are ..read more

The trend of home offices is on the rise, with 90% of Gen Z buyers desiring a dedicated space. Strategic location, natural lighting, and key features like reliable internet are crucial for an optimal working environment and property value ..read more