Price-To-earning ratio in real estate, What is it and Why it’s important!

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