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Part 2: Current State of the Housing Market; Overview for mid-December

Calculated Risk Real Estate

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-December I reviewed home inventory and sales. A year ago, the payment on a $500,000 house, with a 20% down payment and 6.28% 30-year mortgage rates, would be around $2,471 for principal and interest. House Prices The Case-Shiller National Index increased 3.9%

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Property services company MCS enters reverse mortgage space

Housing Wire

MCS contends that the deal creates “a national property preservation and services market leader that combines complementary business offerings to serve an extensive network of clients in the mortgage services and single-family rental sectors.” Five Brothers, headquartered in Warren, Mich.,

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How To Create Wealth Investing In Real Estate

Lab Coat Agents

When you invest in real estate, you diversify your investments so that you aren’t reliant on today’s pitiful savings account rates or risking all of your money on the stock market, which we all know can crash in the blink of an eye. Who Is Eligible for Real Estate Investing?

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

These real estate definitions will help you ensure you’re communicating with clients effectively. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. It’s often presented as a percentage of the fair market value.