We all know the story. The pandemic hit the world, leading to lower mortgage rates and a greater desire for people to have their own space. As a result, we all rushed to buy properties, causing one of the tightest property markets of recent years. But fast forward to more than two years later, and … Read more
We all know the story. The pandemic hit the world, leading to lower mortgage rates and a greater desire for people to have their own space. As a result, we all rushed to buy properties, causing one of the tightest property markets of recent years. But fast forward to more than two years later, and … Read more
Perhaps it’s hope or greed, but no one likes to consider the possibility they’re buying just before a housing market crash. Compared to other asset types, over the last fifty years, its unsual to see bubble in the housing market which is immediately followed by a crash; The last obvious example was the Credit Crisis. … Read more
Many cities have seen a significant increase in home prices in the past year, up 20% or more. The rapid growth in the economy has made some experts question whether the boom will last or whether we will see another bubble (and then burst) like the one preceding the 2008 housing crisis. A bubble occurs when the … Read more
With the end of the year drawing into focus, homeowners will reflect on a year that has seen a return to inflation, a higher cost of living, and fears of a recession. They may be relieved to put the economic uncertainty behind them and look forward. However, are the macroeconomic difficulties faced by the US … Read more
One downside to building a portfolio of condos and houses is that when it comes to selling, the process isn’t exactly quick. Plus, there are significant costs involved so if you need money quickly, tieing it up in property probably isn’t the right option. This post by Jeff Anzalone explains how investing in real estate … Read more
If, like me, you’re building a real estate business, dealing with real estate agents come as part of the territory. Unfortunately, most of the ones I’ve dealt with have been pretty poor. This makes the good agents stand-out even more.This post, written by Ben Mizes explains the costs of using an agent. If you are … Read more
According to Consumer Affairs, 78 percent of Americans believe there will be a housing market crash by the end of the year, while 50 percent expect it to happen next year. While that bodes poorly for homeowners wanting to sell, many Americans, particularly Gen Z, see it as an open door to finally afford their … Read more
This article tackling reasons to fear the pain of housing market prices was originally published by Tim Thomas. We were given permission to republish it here. A housing bubble is when housing prices are unusually high, spurred by high demand and low supply, investor speculation, and irrational spending. Several reasons contribute to these bubbles, including … Read more
This helpful article on South Dakota first time home buyer program was originally published on Tim Thomas/Timothy Thomas Limited. We received permission to republish it here. What You Should Know About the South Dakota First-Time Home Buyer Programs According to the U.S. Census Bureau, the average national sales price was $546,800 in July 2022, with … Read more