Author: jake41521

What Real Estate Experts Say about Home Equity

What Real Estate Experts Say about Home Equity

Experts say there is little danger of a widespread foreclosure catastrophe like the one we had in 2008, which is excellent news for the housing market.    This narrative is supported by the Mortgage Bankers Association (MBA) data. It demonstrates that the aggregate number of at-risk homes is steadily declining.    However, despite the deficient … Continue reading What Real Estate Experts Say about Home Equity

Your Dream House Isn’t That Out of Reach

Your Dream House Isn’t That Out of Reach

As it turns out, millennials aren't the generation that rents apartments. According to Mynd's 2022 Consumer Insights Report, some millennial and Gen Z homebuyers are pursuing homeownership to increase their wealth. However, this may be different from how earlier generations did it. According to the survey, they are entering the market as follows:    Younger … Continue reading Your Dream House Isn’t That Out of Reach

Factors Affecting Housing Price Affordability

Factors Affecting Housing Price Affordability

Every time the property market is discussed on the news, we learn about purchasers' difficulties with affordability. Those headlines emphasize the increase in mortgage rates over the course of this year. And although rates have indeed increased significantly, it's vital to keep in mind that there are other aspects of affordability to consider.    Property … Continue reading Factors Affecting Housing Price Affordability