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Links 1 through 10 of 291 by Ramit Sethi tagged real-estate

The practice of home staging has long elicited strong reactions. Agents and professional stagers point to examples like the Sarro-Waite apartment, and say staging can usually help a home sell faster, and for a higher price, offering a larger return on the investment. Homeowners, reluctant to spend the money or admit that their decorating choices might not be catnip to buyers, are often loath to pay strangers to impose their tastes on their premises.

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It became one of the peculiar features of San Francisco that exclusionary housing politics got labeled “progressive.” Many of them have put the bulk of their net worth into their homes and they don’t want to lose that. So they engage in NIMBYism under the name of preservationism or environmentalism, even though denying in-fill development here creates pressures for sprawl elsewhere.

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New homes in America are 1,000 square feet bigger than they were in 1975

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Most have positive views of RE. Buying later in life.

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Altucher with another killer article on how RE is not necessarily the best investment

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Here are two ideas that, if you’re like most Americans, you probably mostly agree with: 1. Government policy should help keep housing broadly affordable, so as not to price out people of low or moderate incomes from entire neighborhoods, cities, or even metropolitan areas. 2. Government policy should protect residential neighborhoods from things that might negatively impact housing values, because homes are an important investment and wealth-building tool. Having read them together like that, you’ve probably already jumped ahead to the big reveal, which is that these two ideas are almost entirely mutually exclusive. The first essentially says, “Use housing policy to keep home prices down”; the second says, “Use housing policy to keep home prices up.”

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“The big mistake that first-time buyers make is doing everything backwards,” says Douglas Elliman’s Jacky Teplitzky. “The first thing you have to do is explore a neighborhood, then talk to mortgage brokers for pre-approval so you know how much you can afford. After that, start looking for a [real estate] broker.” By first narrowing your search geographically, you’ll keep it efficient by quickly eliminating the areas you end up disliking. And it doesn’t hurt to get your mortgage pre-approved early in the game. Not only does it inform how much house you can afford, it also must be included in all bids; having it in hand can help you submit your offer faster.

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Nikki Field, the senior global real estate adviser at Sotheby’s International Realty, walked us through this sprawling duplex penthouse atop the famed Puck building. The palatial penthouse features a seven-room grand master suite, seven-and-a-half baths, library, gym, home theater, wine closet big enough for 2,000 bottles and stunning, wrap-around terrace that features a yoga lawn, putting green, and spa tub.

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Fascinating. "This is Part 2 of two-part series looking at why San Jose, the third largest city in California, has faced fiscal problems while the tech boom is enriching the Silicon Valley communities around it. “Many of the employers that drive Silicon Valley innovation and many of the large employers are located just outside our border, and so we don’t get necessarily all the tax revenue from all those companies’ growth.” In other words, being “wealth-adjacent” doesn’t do anything for city coffers."

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