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What Real Estate Investors Need to Know About the 2% Rule

What Real Estate Investors Need to Know About the 2% Rule

by Third Party | Jan 12, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Yahoo! —  There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property’s rental income should be at least 2% of the purchase price....
A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says

A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says

by Third Party | Jan 12, 2023 | News/Current Events, Real Estate News

Source: Insider —  It’s time to purchase stock in Zillow, according to Bank of America which lifted its rating and price outlook on the property-technology firm as it foresees the housing market improving after a difficult 2022. Elevated interest rates...
US housing price slowdown continues as mortgage financing poses headwind

US housing price slowdown continues as mortgage financing poses headwind

by Third Party | Jan 12, 2023 | News/Current Events, U.S. Housing Market

Source: S&P Global —  U.S. home prices rose 9.2% year over year in October 2022, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Despite the annual rise in home prices during the month, the price hike was still weaker...
The Difference Between a 3% and 7% Mortgage Rate: $1,000 Per Month

The Difference Between a 3% and 7% Mortgage Rate: $1,000 Per Month

by Third Party | Jan 12, 2023 | Mortgage Information, Real Estate Agent Tools

Source: NAHB —  As the Federal Reserve continues to fight inflation, mortgage rates increased rapidly in 2022, starting the year at 3% and rising above 7% before dropping back to roughly 6.5% at the end of the year. How do rapidly rising mortgage rates affect...
Hines 2023 Global Outlook: Disruption Brings Real Estate Opportunities

Hines 2023 Global Outlook: Disruption Brings Real Estate Opportunities

by Third Party | Jan 12, 2023 | International Real Estate News, News/Current Events

Source: Hines —  (HOUSTON) – Hines, the global real estate investment, development and property manager, released its global outlook titled, “2023: Navigating Through the Labyrinth” today. Following the turbulence in 2022, opportunities will abound this year due...
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