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Can first-time homebuyers afford homes today?

Housing Wire

This article is part of our 2023 Housing Market Forecast series. After the series wraps, join us on May 30th for the HW+ Virtual 2023 Forecast Event. Since October of 2022, the share of buyers who are purchasing their home without a mortgage has been more than one quarter of the market. Today, the average is 2.7

Investor 420
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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

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Does the Market Hate Everyone or Just My First-time Homebuyers?

The Close

Not even the wild ’70s inflation, the astronomical interest rates of the ’80s, or the housing crash of the aughts have prepared us for the current market. ” Homeowners who’ve locked in low mortgage rates are further disincentivized, despairing at giving them up for rates that could be twice as high.

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Higher Rates Lead to Healthier Housing Market? How?

Notorious ROB

I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. And this article from yesterday titled “ With home sales down, why are home prices still up? This is a public call for help. I’m not ashamed to admit it.

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The 2021 Spring Real Estate Market and 40 Year Old Millennials

Realty Biz

The only light at the end of the home buying tunnel has been very low interest rates. The only light at the end of the home buying tunnel has been very low interest rates. Now, early 2021 may see the end of extraordinarily low interest rates. April could be a defining moment for 2021 mortgage rates.

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How To Make Money In Real Estate And Get Rich?

Marco Santarelli

In this article, our focus will be on how to make money in real estate through different means. You may buy land, build a home, and then rent it out. You may be able to utilize this strategy if you cash out money from a retirement account or equity in your home. 10 Ways To Make Money In Real Estate And Get Rich.

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What’s The ‘Profile’ Of Today’s Landlords?

Toronto Realty Blog

The new owner put a dividing wall in the living room of my old apartment and turned it into a three-bedroom ! My first landlord was named John. I even remember his last name, but I don’t need to share it. I remember quite a bit about John. It was 1998. I was 18-years-old, what the hell did I know? Their parents. This and that.”