Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024.1,2,3 Unfortunately, persistent inflation has delayed the central bank’s timeline and kept the average 30-year mortgage rate hovering around 7% so far […]
Articles about Real Estate
Real Estate
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Residential real estate
Residential real estate may contain either a single-family or multifamily structure that is available for occupation or for non-business purposes.
Residences can be classified by and how they are connected to neighboring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.
The Ultimate Relocation Guide: From Finding a House to Feeling at Home
The peak moving season is upon us. In fact, according to Move.com, almost 70% of U.S. moves occur between May and September.1 And while the percentage of Americans who move each year has declined, the desire to relocate remains strong.2,3 In fact, Architectural Digest recently declared “Americans are restless” after a survey found that 55% […]
6 Tips for a Successful Move to a New State
Moving to a new state can be a wonderful experience but it also comes with some significant challenges, especially if your new location is going to be quite a big change from the place you currently call home. If you’re thinking about moving from one state to another, This article, shared below by Sarah Velasquez […]
Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024
Wondering about Real Estate Market Forecast for 2024? We’ve rounded up economists’ predictions for the coming year. A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in […]
Income Properties Are Trending, But Is Landlord Life for You?
If the thought of investing your money into brick and mortar—or perhaps some stylishly painted siding—excites you, join the club. Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to […]
Riding the Storm Out: Understanding the Insurance Crisis in California
Take a closer look at the storm that new homeowners in California and Florida are facing as insurance companies deny writing insurance policies. Understand the vulnerabilities caused by this crisis, learn about the reasons driving policy denials, and explore actionable steps to protect yourself in the face of this insurance crisis. Thousands of people in […]
National Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]
