A question every real estate investor should have an answer to – Where will mortgage payments be in five years from today? As backdrop, the following figure is a look at the monthly mortgage payment for a median priced home in the U.S., assuming the historically...
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Where are Building Permits Booming Since 2000?
Where are Building Permits Booming Since 2000? In real estate, and the economy in general, it pays to outguess where others are heading. One of the ways to make such gauges is with building permits. On the one hand, building permits provide a signal of where...
BiggerPockets: Everything There Is To Know
Bigger Pockets (BiggerPockets.com) is a website for real estate investors, billed as a community working to help one another achieve greater success at any stage of the investment experience. So what's this site all about? The Basics Forums Bigger Pockets hosts forums...
Homeownership Statistics in 2019
Owning a home is the American dream—so how is that dream working out for Americans in 2019? The US Census Bureau has some interesting statistics that reveal what's going on in the United States in terms of homeownership statistics and changes from 2018. Changes from...
Does Trump Have a Point about the Fed?
Are Trump and Federal Reserve battling? Does Trump have a point about the Fed? One of the most interesting controversies of late 2018 was Trump’s public criticism of the Federal Reserve. Traditionally, a sitting president has not publicly taken on the Fed. Trump,...
When is the Best Time to Buy and Sell Real Estate?
Outside of price, perhaps the most talked-about issue in real estate investment is when to buy and sell. We don’t present an answer here. That depends on lots of factors. What is presented here is a case study of selling and buying by month. Meaning, which months...
Can Artificial Intelligence Use the 30-Year Mortgage Rate to Predict Home Prices?
Can artificial intelligence use the 30-year mortgage rate to predict home prices? It's a question that has long fascinated the minds of every human. Can we build a machine so intelligent that it could predict human markets? One such machine is a decision tree. ...
Millennials Haven’t Really Seen the Effects of Inflation-Induced Debt Destruction – Yet
Inflation-induced debt destruction is perhaps the most important topic in mortgage financing. Yet it's the least talked-about. This could explain why millennial home ownership is so low. They just haven't yet seen the effects of inflation-induced debt destruction....
Luck, Skill, and Patience
Luck, Skill, and Patience - They all matter in financial success There is a famous saying that it is better to be lucky than to be good. The underlying truth of this cliché comes from the fact that in the world of investing, luck and skill are difficult to...
4 Reasons to Consider a Self-Directed IRA
Individual Retirement Accounts, commonly referred to as IRAs, are a pretty big deal in the retirement industry. This financial vehicle has been around for nearly forty years now and Americans have almost $5 trillion stashed inside them. An IRA account has become...