Real Estate’s Constant Conflict
Real Estate’s Constant Conflict 600 400 Alexander Anderson Real Estate Group

Do I rent or do I buy? It’s an eternal question, one that can’t be solved with economics alone. This is particularly fraught time to make such a seemingly monumental decision. Interest rates are rising, which means mortgage payments are going up as well. Lock in those rates now or…

Five Reasons Why Your Real Estate Investments Aren’t Earning You Money
Five Reasons Why Your Real Estate Investments Aren’t Earning You Money 960 640 Alexander Anderson Real Estate Group

I recently spoke with an investor who told me that he has $500,000 in cash and is looking for the right investment property to acquire. As usual, I asked my standard set of questions: What are your goals, time horizon, risk tolerance and experience level? His responses were stable cash…

How To Capture The Millennial Market As A Real Estate Agent
How To Capture The Millennial Market As A Real Estate Agent 960 640 Alexander Anderson Real Estate Group

Millennials are changing the housing market. When we look at the 2018 buyer and seller trends report published by the National Association of Realtors, we find the 18-to-35-year-old demographic was the largest group of homebuyers, making up 36% of the market over the last few years. For 65% of this…

Virtual Reality Real-Estate Could Become A Billion Dollar Business
Virtual Reality Real-Estate Could Become A Billion Dollar Business 1024 576 Alexander Anderson Real Estate Group

Earlier this week, someone reportedly paid $215,000 for a 126-parcel estate. It sounds like a steal, except in terms of “location, location, location”, which in this case is … virtual, and gives new meaning to the idea of cryptocurrency’s use in real estate. Welcome to Decentraland, an Ethereum-based VR platform…

Changes in Luxury Real Estate Often Are a Sign of What’s to Come for Rest of the Market
Changes in Luxury Real Estate Often Are a Sign of What’s to Come for Rest of the Market 1024 576 Alexander Anderson Real Estate Group

High-end real estate does not always play by the same set of rules as other sectors of the market. The wealth of investors who purchase luxury properties protects them, to an extent, from the economic fluctuations that influence the buying and selling decisions of ordinary homeowners. “At the luxury end,…

More Americans are using real estate agents than ever before
More Americans are using real estate agents than ever before 1010 648 Alexander Anderson Real Estate Group

More Americans are using real estate agents to buy and sell their home than ever before, even among the younger generations. A new Harris Insights housing consumer study, which was underwritten by the California Association of Realtors, The CE Shop and REAL Trends, shows a full 90% of consumers use…

Renting in New York City: What will $3,300 get you?
Renting in New York City: What will $3,300 get you? 1000 667 Alexander Anderson Real Estate Group

Curious just how far your dollar goes in New York City? We’ve rounded up the latest rental listings via rental site Zumper to get a sense of what to expect when it comes to finding a rental in New York City if you don’t want to spend more than $3,300/month…

5 Steps to Becoming a Real Estate Agent
5 Steps to Becoming a Real Estate Agent 680 440 Alexander Anderson Real Estate Group

Thinking about becoming a real estate agent? You’ll be in good company. Estimates from the Association of Real Estate License Law Officials (ARELLO) show that there are about two million active real estate licensees in the U.S. today. One reason so many people pursue a career as a real estate…

How Do I Sell My Apartment Directly to My Neighbor?
How Do I Sell My Apartment Directly to My Neighbor? 1024 577 Alexander Anderson Real Estate Group

Q: I’m thinking about selling my one-bedroom condo in Chelsea and heard that a neighbor in the building might be interested in downsizing from his two-bedroom since his wife recently passed away. What’s the best way to approach him and set a price that’s fair market value without a broker?…