Monthly Archives: June 2024
The 5 Ds of Real Estate Purchases
Economists have described the current generation of first-time home buyers as “nepo babies.” This means that house purchases are so expensive that no one below the age of 40 can afford to buy a house or condo unless their parents contribute to the down payment. In other words, the young generation cannot reasonably aspire… Read More »
PITI Mortgage Loans Are So Expensive
If you are in the market for a home mortgage, first take a moment to be grateful that your financial situation is as good as it is. Home ownership is becoming an increasingly unattainable dream. Home mortgage loans are the biggest debt that most people incur in their lives, and the value of the… Read More »
What’s New With Residential Real Estate Tax Credits?
The Internet is practically unanimous about the fact that most Americans who have never owned a house will never be able to buy one unless they get a subsidy from the Bank of Mom and Dad. The policies that expanded homeownership opportunities are long gone. Most people with steady jobs are lucky if they… Read More »