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Can first-time homebuyers afford homes today?

Housing Wire

The share is collected monthly in the Realtors Confidence Index and includes buyers who purchased primary homes, vacation homes and investors. As buyers wanted to find the perfect property, before interest rates rose, they were willing to offer all cash to sellers so their offer was not contingent on financing.

Investor 424
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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

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LenderPulse Q4 2023 survey: Mortgage pros still see opportunities in the housing market

Housing Wire

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 412
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Is It Time To Blame Investors For High Housing Prices?

Toronto Realty Blog

So much so, in fact, that I was going to skip Prime Minister Justin Trudeau’s comments from October whereby he blamed high housing prices on investors. Half of all condos are owned by investors? But when you consider how condos are built and financed in Ontario, there’s simply no other way. The system is broken.

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What Is Home Equity and How Can I Use Mine in 2022?

HomeLight

Homeowners with mortgages saw their home equity blossom 31% in 2021, according to a report from CoreLogic, a remarkable increase for such a short period of time. As you map out your plans for 2022, you may be thinking of ways to keep building more equity or use what you’ve recently acquired. What is home equity in simple terms?

Equity 108
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Mom-and-Pop Real Estate Investors Are Pulling Way Back. Here’s Where—and Why It Matters

Realtor.com

And along the way, investors—many of whom came to the party with all-cash offers—fully changed the face of many markets, sometimes locking out first-time homebuyers. However, many of those investors, especially smaller ones, have recently slammed the brakes on their purchases as the housing market has shifted. So Realtor.com®

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Beginner's Guide to Real Estate Investing

Realty Biz

Those who have a house they've been paying off for years accumulate equity, which can be used as a part of your portfolio. To give you an example of what having equity can do, look at home equity lines of credit (HELOCs). Many don't realize it at first, but even homeownership is a type of investment.