Home Ownership

Why Is Inflation So High? Why Was 2008 Different?

This is a reprint of a Bigger Pocket Article J Scott J Scott (he goes by “J”) is an entrepreneur, investor, advisor, and author. There’s a lot of uncertainty surrounding the economy, real estate market, and the role of inflation in the economic environment. When it comes to inflation, it’s important to identify how we…

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FHFA Says Home Prices Up 18.7% from One Year Ago

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 18.7% from Q1 2021 to the first Q2 2022. The seasonally adjusted monthly index for March was up 1.5% from February. The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in…

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How NFTs are making real estate investments more attainable

NFTS in Real Estate Although real estate is often considered a safer investment over stocks, it isn’t for everyone, a reality leading many to look to the digital realm as an alternative. Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to…

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Inside Hispanic homeownership rise

Inside Hispanic homeownership rise Inside Hispanic homeownership rise- The rate of Hispanic homeownership is steadily increasing, new data from The National Association of Hispanic Real Estate Professionals (NAHREP) shows. With 8.8 million Hispanic-owned households, more than 48% of Latinos now own homes, reflecting a continual rise since 2014. NAHREP’s 2021 State of Hispanic Ownership report, available…

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What Happens to Home Prices When Interest Rates Rise?

This article is attributed to New Silver Hard Money Lenders The pandemic has brought about major changes to interest rates, and this has had a knock-on effect on the price of homes in an interesting way. We take a look at what happens to home prices when interest rates rise and what’s next for 2022.…

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Chicagoland homes are getting snatched up — fast

Chicagoland homebuyers are facing increasingly tough competition as the amount of time homes spend on the market continues to shrink, according to a new report from the Mainstreet Organization of REALTORS®. The monthly report notes that the average number of days spent on the market for suburban detached homes shrank 22.9% in March, year over…

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Reduce Your Tax Bill

5 Simple Ways to Reduce Your Tax Bill Like a Real Estate Pro “Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” – Gregory…

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Affordable Chicago Suburbs

8 of the 10 best affordable suburbs are in Chicagoland — with Crystal Lake at No. 1 In December, StorageCafe released a list of the most city-like suburbs with Chicagoland dominating the top spots of affordable Suburbs. Now, a new study from the site investigates the pricing of that premier suburban living — and Illinois suburbs ranked as the…

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Inflation Rate at 40 Year High

The U.S. Bureau of Labor Statistics, who tracks the inflation Rate is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.6% in January, 2022.  However, the all items index was up 7.5% for the 12 months ending in January.  Inflation Rate Buckle up… Click here to read the full release at the Bureau…

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