From then to now! Interpreting the market

Dec 3, 20180 comments

Understanding the changing market is a challenge in itself but with most things, knowing its history is what keeps us from making the same costly mistakes. In the Past, homes were bought at convenience, as they were being made rapidly. As time passes the way you buy homes are changing. Houses are getting bigger and their prices climbing. The prices of current homes  may have come to a halt and looking to decline. According to Getrichslowly.org, as of 2018 home ownership is at 64.2%, in 2010 the home owner ship was at its highest, 66.5%. Rising interests rates may be the cause of this decline. Strains on family pockets put a damper on the market. When home prices are out of the average families budget you wont have sales until you see prices drop back into an affordable range.

https://www.marketwatch.com/story/were-probably-at-peak-housing-heres-what-that-means-2018-06-27

https://www.getrichslowly.org/homeownership/

0 Comments

Submit a Comment

Your email address will not be published.

Recent Posts

Pros and cons of real estate investing strategies

Pros and cons of real estate investing strategies

Ninety percent of all millionaires became so through owning real estate – Andrew Carnegie You probably already know that investing in real estate is one of the safest and most profitable ways to invest. People will always need a place to live, and this demand means...

How to analyze the housing market

How to analyze the housing market

Real estate is one of the safest and most secure investments out there. This does not mean, however, that all real estate purchases are good investments. Whether you’re an investor, first-time home buyer, or realtor, knowing how to analyze the housing market will help...

Real Estate Investing Law: What You Need to Know

Real Estate Investing Law: What You Need to Know

Real estate investing can be a great way to achieve financial freedom and independence. With the market as hot as it is now, it can be a significant source of wealth whether you are looking for a profitable side hustle or to move into full-time investing. Either way,...

Comparing insurances: Home owner or Landlord?

Comparing insurances: Home owner or Landlord?

Though insurance can be thought of as a necessary evil in the world, insurance can be used to negate losses and mitigate any potential liability. This is no less true within the realm of real estate. First, as a homeowner looking to rent out a property, the question...