Real Estate

Zillow recently released an intriguing study that outlines the income needed to afford a “typical home” in different cities. The study considers a 10% down payment and utilizes the Zillow Home Value Index to determine the median home price in each city. A 10% down payment is lower than my recommended 20% down payment based […]

For those of you who are looking to upgrade homes, let me tell you a sad truth. I climbed to the top of the property ladder with my latest home purchase, and after five months, I felt no happier. More than 20 months later, I also don’t feel happier. Whenever someone would congratulate me about

Anticipating future trends can lead to smart investments. Drawing from my 23 years of real estate investing experience, I expect bidding wars to resurge in the housing market. The main reasons for the return of bidding wars in the housing market are as follows: If you believe the real estate market will strengthen, as I

House rich, cash poor is when you have a lot of equity in your house but not a lot of cash. For whatever reason, a homeowner has untapped equity in their property but is unwilling or unable to withdraw it. Due to excessive spending habits or financial responsibilities, the homeowner feels poor. After paying for my

Now that I’ve published the 2024 S&P 500 predictions, let’s look at the 2024 housing market predictions by various industry experts. The forecast for 2024 home prices ranged from -1.7% to +4.1% when I first published this post at the end of 2024. Now as of January 29, 2024, the 2024 home price forecasts have

Just like how the purchase price of a car is not the entire cost, the purchase price of a house is not the entire cost either. Let’s discuss all the surprising costs that may come after you close escrow. First of all, these are the unsurprising costs after you purchase a home: If you follow

Partially thanks to high mortgage rates, the percentage of homebuyers who pay cash has risen. As of September 2023, according to Redfin, 34.1% of U.S. home purchases were made in cash. This is up from 29.5% in September 2022, when mortgage rates were lower. In 2025, the percentage of homebuyers who pay cash is likely

Selling bonds to buy real estate is a much easier decision to make than selling stocks to buy real estate. Real estate acts like a bond plus investment because bonds have more similarities to real estate than stocks do. The word “plus” is added to bonds to describe real estate as a type of bond