Tag: real estate

Starter Homes for Future First Time Home Buyers

Affordability and manageable maintenance of properties, typically on the smaller side, has attracted first-time home buyers for decades. However, as anyone who has purchased a home in the last few years will tell you, it’s a competitive and pricey market for homes of all varieties, and many wonder if starter homes are still a viable…


Adjustable Rate Mortgage Demand Rises as Home Buyers Search for Cheaper Loans

Demand for adjustable rate mortgages (ARM) is increasing as homebuyers look for lower interest rates on loans and the share of ARM applications among total mortgage inquiries rises to its highest level in more than two decades, according to the Mortgage Bankers Association (MBA). Mortgage applications to buy a home rose by 5 percent for…


Canada’s Home Builders Grow in Confidence, Say Industry’s Success Needs Municipal Cooperation

Home builders in Canada have their work cut out to increase the housing supply and ease the affordability crisis, and industry participants also point to municipal-level cooperation as being critical to the solution. Home builders’ confidence is growing despite supply chain and labour challenges, according to the first-quarter release of the Canadian Home Builders’ Association…


Housing Supply Sees Slight Improvement in April as Higher Prices and Mortgage Rates Slow Sales

The supply of homes for sale in the United States began to show signs of improvement in April 2022 according to new data from Realtor.com, which stated that the number of salable homes would increase in the next few weeks due to fewer buyers. April housing inventory was 12 percent lower than in the same…


Housing Bubble 2.0? Correction Fears Intensify as Price, Median Income Gap Widens

The U.S. economy is currently experiencing the hottest real estate market on record, S&P/Case-Shiller U.S. National Home Price Index data show. In February, home prices surged more than 19 percent year-over-year, with the average residential property selling close to $300,000. The last time the U.S. real estate market recorded such exceptional growth was during the…


8 Ways Real Estate Is Your Smartest Investment

By Grant Cardone Inflation is defined as, “a general increase in prices and fall in the purchasing value of money.” Your money doesn’t go as far—simple. The $30k you made at your job 10 years ago and lived comfortably with barely gets you by now. You can’t control inflation (the Federal Reserve does that) and…


To Avoid Hefty Taxes Try a 1031 Exchange

For those who want to avoid paying Uncle Sam his dues (taxes) in whatever legal and reasonable way possible, a 1031 exchange could be an attractive option. Should you also own investment properties, particularly ones likely to beget a hefty profit (and subsequent tax bill), a 1031 exchange could be an imperative tool in your…


7 Ways to Make Money in Real Estate

If you’re looking to diversify your investment portfolio, add another source of income, or both, real estate can be a viable choice for growing your money. People may overlook real estate investments because they assume they’ll need to produce a substantial amount of cash upfront to get started, or they don’t have enough knowledge on…


Record Low Number of People Looking to Buy Homes in 2022: Gallup

According to a new poll from Gallup released May 4, less than a third of Americans believe it is a good time to buy a house due to high interest rates, supply chain problems, and climbing inflation. Gallup’s annual Economy and Personal Finance poll was conducted April 1–19, coinciding with the median sale price of U.S….


US Home Prices Rose at Fastest Annual Pace on Record in March

U.S. home prices for the first quarter of 2022 continued to skyrocket with a record 20.9 percent year-over-year increase in March 2022, according to CoreLogic’s latest Home Price Index and Forecast, which was released on May 3. This was the highest 12-month growth for the U.S. home index since the series began in 1976, while mortgage rates…