Nearly half of U.S. mortgage payers own at least 50 percent equity, according to ATTOM’s Q2 2022 Home Equity & Underwater Report. This means that the balance of loans taken out against the home is less than […]
Mortgage rates have been going up, up and up in 2022, making homeownership more costly — even if house prices level off. In fact, consumers may be in for serious sticker shock when preparing […]
An iBuyer is a tech-based real estate company that uses data analytics and algorithms to value homes and uses a huge war chest of investor funds to buy homes en masse. iBuyers usually offer slightly […]
Everything about Texas is big, including the housing market. The second largest state (behind Alaska) and the second most populous (behind California) has seen enormous growth in home sales thanks to the robust Texas […]
Your new home has a septic tank instead of being connected to the sewer. Or, something ominous is lurking underneath your floorboards, like termites, rodents or mold. Your first thought as you watch sewage […]
After you purchase a new home, there are many things to budget for, such as moving costs, new furniture, and of course, ongoing expenses such as your mortgage. Although it may seem like many of […]
With home construction costs continuing to soar due to issues with the supply chain, labor shortages, and worsening natural disasters, many homeowners could be left underinsured. During periods of rapid inflation, the cost to rebuild […]
Both your income and your debt determine how much house you can afford. Mortgage lenders plug these figures into certain calculations and ratios to come up with the loan amount they’re willing to offer. […]
Real estate investing is a tough business. Stiff competition for deals, complicated legal and financing procedures, and the risks of problem renters have always meant that owning investment properties is not for the faint […]
Though home prices have risen significantly over the past two years, paying $1 million or more for a house may still seem excessive to most Americans. However, just because million-dollar homes aren’t common throughout the […]