Loading ...
ubcnewsworld
Business & Economics
27
0
icgre.com/guide
Try Now
Log In
Pricing
Will real estate prices go down in 2022? Why the Answer Has Us Buying Rentals. There are several factors why many experts do not expect real estate prices to drop in 2022. It's a new real estate landscape, it's a new working world, and the demand for single-family homes isn't going down any time soon. Secondly, much of the real estate prices are driven by supply and demand and the supply is still having trouble keeping up with the demand, the supply of raw materials to build, and the supply of inventory across the United States. Most experts agree that real estate prices are not in a bubble and will not drop significantly in 2022. Despite the current rise in real estate prices, the loan rates are still at an all-time low. Many now consider real estate investing as an affordable and reliable addition to any retirement planning already in mind. Adiel Gorel has helped thousands of investors understand the benefits of retirement planning by investing in rental properties. Fannie Mae enables an investor, to put a minimum down payment of 15% with private mortgage insurance or PMI. Many people choose to put 20% with no PMI. With the minimum down on a home that's $250k, 15% would be $37,500 plus the closing cost and the loan costs, which can add another $10,000 as an example. Investors can substantially increase the bottom line just by acquiring a new home in a good area with just a down payment, closing costs, and the mighty 30-year fixed-rate loan. Seeing each one of your rental properties as a business with the sole objective of creating what Adiel Gorel termed "Remote Retirement Riches," the title of his book is the new mindset for the savvy investor in 2022. Contact Us At: https://icgre.com
