For 2022, the Best Real Estate
According to Mike Bjorkman in 2022, the greatest real estate markets will most likely be in the South and Midwest, and they will likely be less competitive than in the previous 12-18 months. While there will still be a lot of competition in these locations, now is the ideal time to purchase. To begin, organize your finances. Make sure you have a credit score of at least 650, a debt-to-income ratio of less than 40%, and a down payment of 20%. Homes sold for an average of $52,000 more than their list prices after the housing market slowed in April. Prices are expected to stay above their listed prices, despite the fact that there is still some potential for improvement. In April, 52 percent of houses sold for more than their asking price, suggesting that now is an excellent time to purchase. On April, 71% of homeowners had more than 20% equity in their houses, while 95% of defaulted borrowers had less than 10%. The most guaranteed method to generate money right now is to invest in real ...