Covid turned the global 🌐 real estate market upside down 🙃, but next year 📆 could be different. CNBC’s Robert Frank joins “Squawk Box” 📺 to discuss whether now is the time 🕰 to start building a post-Covid portfolio.
The time has come to put your house 🏠 on the market, but drafting the listing 📃 has you feeling stuck 😧. Should you call it spacious? Quaint? Does the term “original details” entice or turn off 🙅♀️ buyers? To start, there are a handful 🤲 of words you should absolutely leave out, according to two realtors in the know. Here are their no-no’s 🚫, along with a few terms you might want to incorporate.
Major U.S. cities like New York 🗽 and San Francisco 🌉 have suffered from rising ↗️ inventory and declining ↘️ sales prices 💵 since the onset of the Covid-19 pandemic, but secondary markets and smaller cities 🌃 in many parts of the U.S. 🇺🇸 are thriving.
According to real estate tycoon 🏘 Harold Samuel, there are three 3️⃣ things that matter when it comes to real estate value—location 📍, location 📍, and location 📍. America’s 🇺🇸 property market is no exception to this rule. Depending on the city 🏙 and its—you guessed it—location, there are vast discrepancies in real estate value 💰 across the country.