Financing the Future of Housing Development
April 29, 2024 | Reading Time: 2 Minutes The term “median home price” often gets tossed around, but what does it really mean? Let’s break it down. “Median” simply refers to the middle value in a set of numbers when they’re arranged from lowest to highest. It’s not an average; it’s that middle point. But […]
The Truth About Median Home Prices
April 29, 2024 | Reading Time: 2 Minutes The term “median home price” often gets tossed around, but what does it really mean? Let’s break it down. “Median” simply refers to the middle value in a set of numbers when they’re arranged from lowest to highest. It’s not an average; it’s that middle point. But […]
Forecasting Stability in the 2025 Real Estate Market
April 29, 2024 | Reading Time: 1 Minute In 2025, the real estate market may experience a surge, with an estimated 2 million houses projected to be available for sale. However, there’s skepticism about the accuracy of this number. Some experts believe it could be inflated due to preferences for post-pandemic living rather than essential housing […]
A Roadmap for a Gradual Correction in the Housing Market
April 22, 2024 | Reading Time: 2 Minutes Considering the present market landscape, where affordability is stretched, we can foresee a gradual correction rather than an abrupt crash. While short-term price increases may occur due to factors like declining interest rates and reentering buyers, sustained growth appears unlikely. Instead, we should anticipate a slow adjustment […]
Understanding the 1% Rule
April 22, 2024 | Reading Time: 1 Minute The 1% rule is a guiding principle in real estate investing that assesses the relationship between a property’s purchase price and the income it can generate. According to this rule, the monthly rental income should be at least 1% of the property’s buying price. To apply the […]
The Sub 6% Rate Shift
April 22, 2024 | Reading Time: 1.5 Minutes What happens if interest rates drop below 6%? Will it prompt those on the sidelines to make their move? Will sellers who previously struggled find renewed opportunity? Or will it be buyers who were previously unable to qualify at higher rates? Our prediction leans towards a surge […]
Baby Boomers Hold $19 Trillion in Real Estate
April 08, 2024 | Reading Time: 1 Minute With an impressive portfolio encompassing $19 trillion in real estate assets, comprising 41.6% of the nation’s real estate wealth, baby boomers are transitioning into retirement and will soon be looking to transfer their assets… or rather, the house keys. And guess what? That’s where you swoop in. […]
Ready to invest in AI-Driven lead generation?
April 6, 2024 | Reading Time: 3 Minutes Lead generation stands as a fundamental pillar of real estate sales, demanding significant attention from agents. With the transformative influence of the internet on consumer behaviors in the housing market, agents find themselves adapting their business practices accordingly. However, the efficacy of leads procured through major real […]
Mortgage rates hold firm, but for how long?
April 6, 2024 | Reading Time: 2.5 Minutes Mortgage interest rates persist at steady but heightened levels, providing potential homebuyers with a sense of stability as they navigate the market this spring. According to the latest Freddie Mac survey, the 30-year fixed rate has edged up slightly this week to an average of 6.82%, compared […]
Could a major lawsuit against realtors mean lower home prices
March 20, 2024 | Reading Time: 4 Minutes Is the Real Estate Market on the Verge of a Price Drop? The recent $418 million antitrust lawsuit settlement with the National Association of Realtors has sparked speculation about the future trajectory of home prices. The lawsuit alleged that the association’s practices, particularly regarding realtor commissions, artificially […]