Boston Real Estate Investors Association

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All-Cash Share of New Home Sales Jumps in Q3 2023

The proportion of new home sales completed in cash increased significantly in the third quarter of 2023

According to recent analysis conducted by NAHB’s Eye on Housing, the proportion of all-cash sales in the new home market significantly increased in the third quarter of 2023, while the share of VA-backed sales declined by almost half. The report also highlights that although cash sales only make up a small portion of new home […]

The proportion of new home sales completed in cash increased significantly in the third quarter of 2023 Read More »

The Rule of 72

The Rule of 72 is a commonly used mathematical formula that estimates the time it takes for an investment to double its value based on a given interest rate.

The “Rule of 72” is a fundamental principle in investing that estimates how long it takes to double your money. Instead of relying on this rule as a shortcut, there is a more precise logarithmic formula that can be used to determine the time it takes to grow your money at different annualized returns. Check

The Rule of 72 is a commonly used mathematical formula that estimates the time it takes for an investment to double its value based on a given interest rate. Read More »

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