Real Estate

Between skyrocketing mortgage interest rates, record-high home prices, and a limited housing supply, millions are being priced out of the American Dream. For the first time, the majority of Americans do not believe that buying a house is a wise decision. The country has never been more pessimistic about homeownership, with only 30% of survey respondents to a … [Read more...] about Is the American Dream Dead? Millions Priced Out of Homeownership

With many companies embracing remote work even in the post-pandemic era, more and more Americans have the option to reconsider where they live. According to the Future Workforce Report, by 2025, 36.2 million Americans are expected to work remotely, almost double the pre-pandemic amount. Traditionally, people were forced to live within a reasonable commute of their place of … [Read more...] about The 10 Cheapest States to Live In the U.S. in 2022

In the single-family residential market, you have undoubtedly heard of wholesaling. Naturally, this might conjure up thoughts of houses sitting on tall shelves in warehouses. What exactly is wholesale real estate anyways? Real estate investing can come in many different strategies. The industry itself is massive and has many other asset classes, hold times, and business … [Read more...] about What Is a Real Estate Wholesaler?

There's no denying the housing market has been on fire. According to the National Association of Realtors, the median U.S. home price increased 16% to just over $350,000 over the past year. While home price appreciation is great news for current homeowners, it puts first-time home buyers in a difficult position. With many houses selling for over asking price with … [Read more...] about 10 First-Time Home Buyer Tips to Compete in a Seller’s Market

Last year's perfect storm of supply constraints, low interest rates, and record-high demand led to a sharp increase in home prices. The median U.S. home price hit an all-time high of $404,700 in the third quarter of 2021, increasing almost 20% from the same period in 2020 per the U.S. Department of Housing and Urban Development. If you're looking for some relief in the … [Read more...] about Buying or Selling a House in 2022? 5 Real Estate Trends to Watch

Buying your first investment property can seem daunting. However, getting started in real estate investing can be a great way to move forward in your path to financial freedom. Real estate investing can provide its owners with anything between a little extra cash flow, a safety cushion of equity, or generational wealth. But, of course, it all depends on your goals, how you … [Read more...] about Ready to Buy Your 1st Rental Property? 8 Things You Need to Know

If you are looking to buy a home but are putting in less than a 20% down payment, you'll likely be paying PMI or Private Mortgage Insurance. PMI is an insurance policy for the lender in case you stop making your monthly payments. Depending on your LTV (loan to value) ratio and other factors, your PMI cost may vary. On average, PMI for a conventional home loan ranges from 0.58% … [Read more...] about How Much Is PMI (Private Mortgage Insurance)?

My college professor once said you know when you’re an adult when you have a mortgage. His comment couldn’t be farther from the truth. Although, for many people, homeownership is a significant milestone in their life. Not knowing the right questions to ask when buying a house is financially unwise. There are many factors to consider during the home buying process. After all, … [Read more...] about 8 Crucial Questions to Ask Before Buying a House