Published by The Center Square | March 14, 2024 A monthly mortgage payment for a typical U.S. home has nearly doubled since January 2020 The housing market is not immune from inflationary woes as buyer’s purchasing power has significantly diminished in four years. Home buyers in 2024 need 80% more income to purchase a home …
Home Buyers Need 80% More Income to Buy Than 4 Years Ago Read More »
Published by REALTOR.com | March 8, 2024 The White House estimates it would help almost 3 million families. President Joe Biden might have thrown a lifeline to aspiring homebuyers in his State of the Union address on Thursday evening, but some experts fear that it could result in higher home prices. The president said he would like …
Biden’s $400 Monthly Homebuyer Tax Credit: A Potential Hurdle to Homeownership Read More »
Published by Think Realty | February 16, 2024 Focusing on quarter-acre vacant lots in resort communities was the game-changer. Vacant lots in planned fast-growing resort communities are one of the safest and most profitable investments. I was able to grow my portfolio substantially quickly and become a passive income earner every month tax-free—and I didn’t …
Published by REALTOR.com | March 1, 2024 Assumable mortgages are considered the unicorns of the loan world. Some say it’s because there’s not much in it for lenders. But these homebuyers prevailed. Here’s how, and why they’re so glad they did. Mickey Ricard and Grace Lucchese were excited to buy their first home together. But …
How We Bought A Home With A 2.6% Assumable Mortgage Read More »
Published by FOX Business | March 3, 2024 Being a ‘forever renter’ is attractive to millennials and empty nesters, says Post Brothers CEO As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined …
New Real Estate Opportunity Brewing as Some Americans Opt to Rent Read More »
Published by FOX Business | February 26, 2024 Prior elections have coincided with eventful years from the pandemic and Brexit referendum, which caused prices to rise. Real estate economists are sounding the alarm about how the upcoming presidential election this November could impact the housing market. While the outcome could affect certain economic policies, the election cycle …
How The 2024 Election Could Impact The Real Estate Market Read More »
Published by REALTOR.com | February 29, 2024 Experts predict what lower mortgage rates would mean for homebuyers and the housing market in general. Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor. They’re right to worry: In October, rates hit a 23-year …
What Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Read More »
Published by REALTOR.com | February 20, 2024 Fears of another recession striking have been mounting as the Federal Reserve has attempted to slow the U.S. economy down by raising interest rates. While the Fed’s rate increases brought the real estate market to a near halt and contributed to the scores of layoffs at some high-profile companies, it’s looking …
Would a Recession Clobber the Housing Market or Make It Affordable Again? Read More »
Published by REALTOR.com | February 19, 2024 Stories of squatters taking over vacant properties, costing homeowners thousands to evict, are becoming shockingly common today. Atlanta attorney David Metzger recently got a call from a client in a tricky situation: She’d gotten engaged, moved in with her fiancé, and decided to rent out her house in Dekalb County. …
Why Squatting Is On the Rise—and So Hard To Solve Read More »
Published by REALTOR.com | February 20, 2024 Homebuyers looking to avoid high property taxes probably shouldn’t move to New Jersey. The Garden State continues to have the dubious honor of having the nation’s highest property taxes, according to a recent report from personal finance website WalletHub. New Jersey homeowners paid a median of $9,345 in 2022, according …
See How Much Homeowners Pay for Property Taxes in the Cheapest and Most Expensive States Read More »
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