Predictions 2025: Turning Point or Cooling Down?
Home prices to rise slightly, 1-2% above inflation. Increased affordability from rising real incomes.
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2025 Home Upgrades: Forecasted $466B Increase in Spending
Homeowner spending on upgrades is set to rise through early 2025. Annual spending on home maintenance and improvements will exceed $466B through Q2 2025.
How to Buy a Foreclosed Home
Foreclosed properties are sold at a discount but come with risks like repairs and title issues. Buyers can find them online or in newspapers. Getting a mortgage pre-approval is crucial. Renovation loans can help with repairs. Research the property's history for liens and title issues. Home inspections are vital as foreclosed homes are sold "as … Continued
No Rate Cuts Until December: BofA’s Forecast
Bank of America predicts interest rate cuts will start in December, despite investor expectations for September.Fed Chair Jerome Powell's decisions will depend on both inflation rates and economic conditions.
Millennial Money Moves: Top 5 States for Homebuying
California attracts rich millennials with its vibrant economy, diverse culture, and tech job opportunities. New York is favored for its bustling urban lifestyle, luxury shopping, and strong job market.
Maximize Investment: Top Real Estate Tips
Assess building type and market trends before investing in commercial Real Estate. E-commerce growth increases demand for industrial warehouses and multi-family apartments.
Interest Rate Forecast for 2026
Gradual Normalization: Four more rate cuts, targeting 3.00% – 3.25% range. Stability Focus: Balancing economic growth with inflation control.
Real Estate Market to Hit $4.5T by 2032
The global Real Estate Market is valued at $3.14T in 2023, expected to reach $4.5T by 2032.The market is projected to grow at a CAGR of 4.6% from 2024 to 2032.
Interest Rate Forecast for 2025
Aggressive Rate Cuts: Fed projects four rate cuts, reducing rates to around 4.1%. Economic Balance: Lower rates aim to boost borrowing and economic activity.
How To Get the Best Mortgage Rate (2024 Guide)
A high credit score is essential for securing favorable mortgage rates, with scores in the 700s typically qualifying for the best offers. Increasing your down payment can also lower rates and eliminate private mortgage insurance. It's important to compare rates from various lenders, including local banks and online options, to find the best deal. Strategies … Continued