Tag: Real Estate
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Real Estate Update 12/2023: Homebuyers Pause as Interest Rates Rise
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Key Points: Mortgage demand is facing challenges as interest rates make a comeback, affecting especially those looking to buy homes. What Happened: Why the Pause: What’s Behind the Rates: In conclusion, the real estate market is seeing a slowdown in homebuyer activity as interest rates tick up. Mortgage applications for refinancing are on the rise,…
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Good News For Home Affordability In December 2023
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Key Points: In December 2023, the U.S. saw positive changes in housing affordability, according to the National Association of Realtors (NAR). Monthly Improvements: Regional Differences: Yearly Changes: Job Market and Mortgage Rates: Final Thoughts: December brought good news for homebuyers, with improvements in affordability at the national level. While challenges persist, the positive trends in…
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Easy Guide to Real Estate Investing: 5 Tips for Everyone
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in FINANCEReal estate investing might sound fancy, but you don’t need millions to get started. Charles Clinton, co-founder of EquityMultiple, shares five easy tips for anyone considering real estate investments. 1. Diversify Your Portfolio: Think of your investments like a mixtape with different songs. Real estate can be one of the tunes. It’s about spreading your…