A mortgage is a loan issued by a lender, private or public, for applicant to purchase a home. The mortgage size that homebuyers typically borrow can range between hundreds to millions of dollars. Of course, there’s no such thing as …
Credit to Fast Company Mid-October 2022, Prop Tech unicorn, Roofstock, completed their very first NFT-based Single-Family Home sale on its newly developed web3 subsidiary, Roofstock onChain powered by Origin Protocol. The subject property (3 beds / 2.5 baths) locating in …
The First Real Estate NFT-based Transaction, by Roofstock onChain Read More
Past couple years, hundreds of thousands homebuyers had to put their purchase journey on hold simply because the competition in California Real Estate market was brutal. All they could do was to pray for the market to ease out big …
What a month of September we had right? Well, in October, here comes the headwind, not only for the Real Estate Market, but also for the U.S. economy as a whole. With companies tightening up their hiring strategies and trimming …
What a time we’re living in! 2022 is truly an emotional rollercoaster for all homeowners, homebuyers, sellers, and investors as the U.S. Federal Reserve has taken some bold moves to fight inflation. With multiple rate hikes along with numerous of …
Home Prices will Keep Falling – But That’s Pretty Much It Read More
Within the most recent years, New Construction Home has become quite a popular option among Homebuyers, especially younger buyers, due to many positive and convenient aspects with very little drawbacks. If you are not familiar with New Construction Homes, they …
Purchasing a home, to some people, may sound simple but yet in reality, it is quite a challenge due to an overwhelming amount of planning, tasks, and even strategies. A home, at the end of the day, is one of …
For Real Estate Market Updates in September , mortgages rates rose higher before the release of the highly anticipated CPI report. Economists and politicians shall expect another aggressive hike that the Fed will take to continue to fight against inflation. …
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
In May, with the Fed’s attempt to fight inflation, our 30-year term fixed mortgage rates hovered near 5.25% and in June, they flirted with the 6% rate, which are cooling the demand for all types of home sales. Fewer home …
