But the one constant about real estate investing is that nothing ever stays the same.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Need a change of scenery? These11 places will pay you to move there.
Go ahead and start now, but be sure to bookmark this post so you could easily return later.
Well keep it updated as offers changes or expire.
In some parts of the country, bidding wars would push prices up six figures.
Some buyers were so desperate they were willing to buy homes without an inspection or even sight unseen.
In popular areas, houses would go on and off the market in less than 24 hours.
Those days are no more.
Sales were down 7.7% compared to October and 35.4% down from November 2021.
If youre a buyer, the weaker market should offer some leverage when yourenegotiating the price of a house.
In the fourth quarter of 2022, 42% of sellers gave concessionsaccording to Redfin.
Thats the highest rate since July 2020.
Some people may be changing homes in the same town or area.
So, renters are still trying to decide whether they need to buy.
Thats a huge difference.
Again, higher interest rates mean higher monthly payments.
In some areas, homeowners insurance might notcover water damageor might be unavailable to protect against other dangers.
Which is just another reason 2023 could be a treacherous stretch for the housing market.
Robert Bruce is a senior staff writer at The Penny Hoarder covering earning, saving and managing money.
He has written about personal finance for more than a decade.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…