Most people in the United States can agree that real estate is one of the most lucrative investments that can provide a steady stream of income and potential appreciation over time, varies by markets of course. However, as with any …
Real Estate 201: 1031 Exchange – It’s easier than it looks! Read More
Trader Joe’s is a popular grocery store chain with over hundreds of stores across the United States (and I f*cking love their cheese options). It is known for its affordable prices, private label products, and friendly customer service. However, Trader …
The Trader Joe’s Effect: Why Our Homes Love It Too! Read More
Definition The not-so-obvious concept of price-to-income or commonly known as P/E ratio is used to measure the affordability of homes in a specific market. As of 2022, lenders and other financial institutions extent home loans heavily rely on price-to-income ratio …
Price-To-earning ratio in real estate, What is it and Why it’s important! Read More
The housing market has seen a mix of positive and concerning indicators lately, signaling potential shifts in the coming year. Factors like constrained supply and high borrowing costs have slowed the market in recent times. However, recent announcements from the Federal Housing Agency (FHA) have injected some optimism. They’ve declared an increase in conforming loan limits for 2024. This move, coupled with a fifth consecutive week of declining interest rates, could be the stimulus needed to revive the housing market from its sluggish state.
The real estate landscape has been hampered by limited housing options and steep borrowing expenses throughout the year. Yet, with the upcoming rise in loan limits and the ongoing decline in mortgage rates, there’s hope for a turnaround, potentially in the first quarter of the upcoming year. An increase in consumer confidence last month is also a positive sign, reflecting overall stability in the economy, even as experts anticipate a mild recession on the horizon as 2024 approaches.
Let’s delve into the specifics of these recent developments that are shaping the housing market’s trajectory.
On our site, we covered a few articles to keep our audience up to date with what institutional investors or Wall Street Landlords are doing in different markets in order to gain different perspectives when it comes down to real estate investing. As a matter of fact, only a few months ago, many Wall Street landlords were acquiring properties across multiple rental markets extremely aggressively (comparing to retail market). However, as of now, things have changed.
The phenomenon of institutional homebuyers rapidly offloading properties has sparked interest and intrigue, particularly in certain regional pockets across the United States. While the general trend among major institutional landlords hasn’t resulted in an overflow of housing inventory, exceptions like VineBrook Homes have captured attention with their brisk selling activities.
On our site, we covered a few articles to keep our audience up to date with what institutional investors or Wall Street Landlords are doing in different markets in order to gain different perspectives when it comes down to real estate investing. As a matter of fact, only a few months ago, many Wall Street landlords were acquiring properties across multiple rental markets extremely aggressively (comparing to retail market). However, as of now, things have changed.
The phenomenon of institutional homebuyers rapidly offloading properties has sparked interest and intrigue, particularly in certain regional pockets across the United States. While the general trend among major institutional landlords hasn’t resulted in an overflow of housing inventory, exceptions like VineBrook Homes have captured attention with their brisk selling activities.
The current state of the housing market paints a challenging picture, with housing affordability experiencing a continuous decline in the third quarter of 2023. This trend is attributed to the persistent elevation in the costs of borrowing over recent months. Despite a slight improvement in mortgage rates in the past couple of weeks and even the optimistic report on CPI indicating that inflation staying flat, the conversion of this positive development into actual transactions is expected to take time.
Are you contemplating the idea of selling your house as a For Sale by Owner (FSBO)? While the prospect of handling it all on your own might be alluring, it’s crucial to appreciate the complexities that lie beneath the surface. Selling your home without the assistance of a real estate agent demands more time and expertise than you might initially assume.
In this article, we’ll explore the strategies of three seasoned investors: Rachel Richards, Claire Johnston, and Jeremy Schneider, who are regular contributors for Bigger Pockets. Each of them has a unique perspective on diversification, and they reveal their secrets to creating a balanced and resilient investment portfolio. By learning from their experiences and insights, we can gain a deeper understanding of how to navigate the complex world of investments.
Stay informed with the latest updates on mortgage rates, foreclosure activity, and homebuyer trends in October 2023. Discover how unexpected jobless claims, rate hikes, and changes in home equity are shaping the housing market.
The landscape of American work has undergone a profound transformation in recent years, with remote work emerging as a dominant force in this evolution. Notably, experts forecast that the remote work trend will persist and predict that a staggering 36.2 million Americans will be engaged in remote work by the year 2025. To put this in perspective, it signifies a remarkable 417% increase compared to the era before the pandemic, when a mere 7 million individuals worked remotely.
In the most recent years, we are all told that owning a home is more beneficial financially than renting. However, is that statement still true in 2023? It is indeed a hot debate among different stakeholders.
Stay informed with the latest updates on mortgage rates, foreclosure activity, and homebuyer trends in June 2023. Discover how unexpected jobless claims, rate hikes, and changes in home equity are shaping the housing market.
