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Why this article matters: The Buyer Purchasing Power Index (or BPPI) measures the change in the amount of mortgage money available to a typical homebuyer, varying due to mortgage interest rate swings.Buyer Purchasing Power normalizes, not so fo...
If you plan to use a power of attorney for a real estate closing, preparation is key. From making sure the document is legally valid under your state’s laws to coordinating with your title company and choosing the right agent, a few pro...
Why this matters: Borrowing power and home prices affect the financial readiness of homebuyers dependent on mortgage funds. After 2012 and until 2025, the financial circumstances for homebuyers worsened annually on all three critical acquisitio...
Skyrocketing housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given.Across the country, it’s getting tougher for sellers to drive a hard bargain. A ...