Buying short sale property is a good choice for homeowners looking for houses at a relatively lower price. According to Investopedia, “a short sale is a home that is available at a purchase price that is less than the amount owed by its current owner.” It is a long...
The US housing market entered another slowdown in the last week of March, ending the first quarter of 2019 with the US government reporting that building permits are dropping for two months already while recording the lowest decline in the last eight months.
Moreover, construction of homes is also dropping,...
Ever since the 2008 financial crisis that left the housing market in distress, mortgage rates have been affected. In the last year, there has been a drop in mortgage rates which have left economists and buyers wary of the housing market.
In the week of May 2nd, the 30-year fixed-rate...
As the housing market appears to be still going through an accelerated drop with the industry falling to its lows in period of the last three years, Zillow company, which stocks are currently on the rise by over 12% with the last change in the market, believes that their...
Around 40% of residents of the United States believes that the economy in the US has taken a downturn, while 17% of Americans think that the United States is already under a recession or economic depression, based on the recent poll by Gallup.
As a result of this downturn, the...
The US economy appears to be doing well and more than solid, with Q4 of 2018 bringing some relief to the market, however, when it comes to the housing industry metrics don’t seem to add up.
By the time the first quarter of 2019 started off, mortgage interest limits and...
One of the biggest obstacles for achieving this case scenario lies in the fact that the number of homes that could be categorized as affordable is not rising fast enough, however, many analysts believe that the decreased mortgage rates will bring more buyers to the market combined with lower...
Investing in real estate has become a steadily growing business. Real estate investors enjoy freelance work which allows for vacation and family time. The more and more the real estate market grows, more real estates are coming into the market. You may be one of these looking into investing!
One...
Will the housing market recover? Although we can never know for certain, economists can closely predict what may happen in the upcoming months and years.
The housing market will not recover for years?
At this moment it is predicted that in the upcoming year there will be a vast improvement in...
As the website of TheOofy.com, we have worked on some profitable industries for 2019 among which are real estate business, accounting and taxes, rental and leasing, and healthcare.
Rental and Leasing
With net profit margins of 16.4%, rental and leasing industry most certainly deserves its spot on the list of top...
