News

Average House Price In The UK Rises 8% In The Year

Homebuyers Now Have $200,000 in Additional Spending Power After Mortgage Rates Decline

The recent drop in mortgage rates gave home buyers additional spending power of between $70,000 to over $200,000, depending on the location.
Easy Ways to Raise Money to Invest in Real Estate

Income Needed To Buy a Typical Home in the US Falls to $115K, Marks First Decline Since June 2020

The income needed to buy a median-priced home in the US fell to 1.4% year-over-year in August 2024 after mortgage rates dipped to 6.5%.
Dwindling Water Supply Forces Cities Like Phoenix To Make Hard Choices

Fed Rate Cuts Will Lower Mortgage Rates but Won’t Fix the US Housing Affordability Crisis: Report

Falling mortgage rates will offer relief to Americans, but it could also lead to an increase in demand, which could lead to higher prices amid the market's housing shortage.