Hey there, future homeowner! Are you ready to take the plunge and buy your dream home? Before you start browsing real estate listings, it's important to understand how mortgages work and how much house you can actually afford.
At its core, a mortgage is a...
A Beginner's Guide to Property Appraisal
As a homeowner, understanding property appraisal is a critical part of the buying and selling process. A property appraisal is an expert assessment of a home's value, conducted by a licensed appraiser. This assessment is used to determine the...
What are Real Estate Investment Trusts (REITs), and why are they important?
If you're looking to get into the real estate industry, you may have heard about Real Estate Investment Trusts (REITs). REITs are companies that own or finance income-producing real estate properties. They're an...
Redfin report on investor home buying in America
According to a recent report by Redfin, there has been a decline in the number of homes being purchased by investors in the US housing market.
Investors buying fewer homes than a year ago, with a 46% decline...
A Dose of Reality: The Housing Market in 2023
Most Americans have unrealistic optimism about the housing market
According to recent studies, most Americans have unrealistic optimism about the housing market. Many people believe that home prices will continue to rise, even though experts warn that...
The Impact of the Mortgage Collapse on the US Housing Market
The mortgage collapse in the US housing market is getting worse. Mortgage purchase applications have crashed by an unbelievable 41% year-over-year, down to the lowest level in 28 years.
In this article, we'll take a...