This means that your $750,000 home bought today would be valued at $959900 in five years. Investment, second, or primary property where else are you going to get that return. Real Estate is coming off its lows, stocks, bonds, and funds are all reaching all time high values with a very real threat of a bust… buy low sell high, time to move back into real estate.
- What Record-Low Housing Inventory Means for YouThe real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) […]
- What Happens When Homeowners Leave Their Forbearance Plans?According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where these homeowners stand right now: 2,543,000 (39%) are current on their payments and have […] […]
- What’s the Difference between an Appraisal and a Home Inspection?If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer […]
- What Record-Low Housing Inventory Means for You