Being well-prepared with a conveyancer and mortgage lined up can help avoid delays. Working with estate agents ensures your home is priced correctly and presented well for buyers.

U.S. homebuyers now need an annual income of $115,454 to afford the median-priced home, a 1.4% decrease year over year, marking the first decline since June 2020. This drop is attributed to a decrease in mortgage rates, which fell to 6.09%. Despite improved affordability, the typical household income is only $83,853, leaving many unable to…

Fall sees fewer homebuyers, reducing competition and easing the purchasing process. Home prices often drop in the fall, benefiting buyers with potential savings.

Buying a second home today is more challenging due to rising property values and higher interest rates. Decide whether the second home will be for personal use or rented, impacting financial returns significantly.

Managing rental properties remotely has become more efficient due to technology. Landlords can utilize property management software, online rent collection services, and virtual communication tools to streamline operations. Smart home technology and automated accounting software further enhance management capabilities. While technology aids remote management, hiring a property manager offers local expertise, tenant screening, maintenance handling,…

The 2024 election could influence homebuilder stocks through potential zoning reform and housing policies.Some candidates propose relaxing restrictive zoning laws to boost new construction and address the housing shortage.

Non-QM (non Qualified Mortgage) mortgages are loan products that do not meet the standard criteria established by the Consumer Financial Protection Bureau (CFPB) for qualified mortgages. These standards are designed to protect borrowers by ensuring that loans are affordable and that lenders have verified the borrower’s ability to repay. Non-QM mortgages can include a variety…