Understanding the key historical phases and current trends helps reveal the sector's opportunities and challenges.
Understanding the key historical phases and current trends helps reveal the sector's opportunities and challenges.
The history of real estate in America is a fascinating journey that mirrors the nation’s social, economic, and political transformations over the centuries. During the colonial era in the 1600s and 1700s, land ownership was primarily tied to colonial powers, with settlers acquiring land through treaties or conquest from Indigenous peoples. This evolved during the early republic (1780s-1800s) with the...
Owning rental property in Nairobi and its fast-growing metropolitan towns like Kiambu, Thika, Ongata Rongai, Kikuyu, and Kitengela can be a profitable venture. However, many landlords encounter challenges that can turn a promising investment into a source of stress. Whether you’re a seasoned property owner or new to the real estate market, avoiding these common mistakes can save you time, money, and...
Warehousing plays a crucial role in modern business operations, offering numerous benefits and contributing significantly to the success of an organization. A primary advantage of warehousing is increased storage capacity, allowing businesses to safely and efficiently store excess inventory. Roughly 2,200 years ago, the Romans were well-known for conquering other nations. During this period, they built...
Days on market (DOM) in real estate refers to the number of days a property remains listed for sale before it is sold or taken off the market. This metric serves as a vital indicator of the market's health and the property's attractiveness to potential buyers. A shorter DOM typically suggests a strong demand for properties in that market, potentially resulting in quicker sales and competitive bidding...
A realtor can be incredibly helpful for several reasons: Market Knowledge: Realtors have extensive knowledge of the local housing market, including current trends, pricing, and neighborhood information. This helps them guide buyers to suitable properties and negotiate competitive offers. Access to Listings: They have access to Multiple Listing Services (MLS), which lists all available properties...
There could be several reasons why a person might not trust land dealers when purchasing land in Kenya: Land Ownership Issues: Kenya has had historical and ongoing issues with land ownership, including disputes over rightful ownership, forged titles, and overlapping claims. This can lead to uncertainty about the legitimacy of the land being sold. Corruption: Corruption is a significant concern in...
Sure, consultancy in real estate typically involves providing expert advice and guidance to clients involved in buying, selling, leasing, or managing real estate properties. Here are some key aspects and services that real estate consultants might offer: Market Analysis: Assessing current market trends, property values, and investment opportunities in specific locations or sectors of the real estate...
Land surveyors play a crucial role in various aspects of land development, infrastructure projects, and property transactions. Here are some key reasons why they are important: Property Boundaries and Legal Certainty: Surveyors accurately measure and define property boundaries, ensuring that landowners know exactly where their property lines lie. This helps prevent boundary disputes and provides legal...
Ultimately, owning a thing, and in this case a One and 1/2 acre plot of Land, is a unique set of Freedom and Reliability since you depend on yourself not relying on anyone's mercy to implement a vision or an idea e.g. expansion of the premises. You owning a one and a half acre plot of land can offer several advantages and opportunities: Space for Privacy and Freedom: With this amount of land, you...
Owning a one-acre plot of land can hold various secrets depending on your goals and location. Here are a few possibilities: Self-Sustainability: One secret could be the potential for self-sustainability. With careful planning, you can grow your own fruits and vegetables, raise animals for meat or dairy, and even generate your own energy through solar panels or wind turbines. Investment Opportunity:...
Beacons play a crucial role in land allocation processes, particularly in surveying, establishing, and defining boundaries. Here's a detailed look at beacons importance: Boundary Definition: Beacons are physical markers placed at specific points to delineate the boundaries of a piece of land. These markers provide a clear visual indication of where one property ends and another begins, helping to...
Living in a small home can feel cosy, but with the right staging and decorating strategies, you can make it feel open, spacious, and welcoming. Lets journey in the world of staging and decorating ideas: 1. Use Light Colours to Open Up the Space Light colors can make any room feel larger and brighter by reflecting light rather than absorbing it. Walls and Ceilings: Run for whites, pastels, or...
Freehold land is a type of property ownership where the owner holds full, permanent ownership of the land and any structures on it. This means they have the right to use, lease, sell, or pass on the land as they see fit. Unlike leasehold land, where ownership is for a fixed term and returns to the original owner or a different party at the end of the lease, freehold ownership is not time-limited and...
Renting can be a smart choice for various reasons, depending on individual circumstances and goals. Here are some compelling reasons to consider renting: Flexibility: Renting offers the ability to move more easily, which is ideal if you have a job that requires relocation or if you anticipate significant life changes. Lower Initial Costs: Renting typically requires less upfront capital compared to...
Traditionally, when you purchase a home, you own the home and the land the property is built on. There are some circumstances that involve a land lease, which means you would own the home while paying rent to the landowner for the land. A land lease, also known as a ground lease, refers to an arrangement where a landowner grants another party the right to use a piece of land for a specified period,...