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high mortgage ratesCNBC
•61% Informative
Homeownership affordability falling to its lowest level since 1980 .
Potential buyer facing a combination of high interest rates and property taxes on top of surging costs for insurance, maintenance and other expenses.
The Property Brothers are here to talk about what they're seeing in the housing market.
For every 10 houses that we add to the portfolio, we'll probably have one or two that we end up flipping.
But right now it doesn't seem like a flipping market. You just have to adjust into what makes more sense for the current market and the rental growth.
Short term has its benefits but also has some drawbacks and headaches and certain areas of the country have restrictions on what you can do for short term rentals.
Detroit , there's so much money pouring and so much redevelopment happening.
I bet you in 20 years it's going to be one of the most technically advanced cities.
I also think that Canada , we're from Canada , the government there has incentives to encourage developers to work with multi unit family, multifamily housing as well as rental.
VR Score
65
Informative language
63
Neutral language
76
Article tone
informal
Language
English
Language complexity
23
Offensive language
likely offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
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