Absorption rate is a key real estate math number that you’ll often hear. In this post, we will discuss what the absorption rate means and and the real estate math behind its calculation. What Absorption Rate Means The absorption rate is a measure of how long it would take for a location to sell all … Read more
Real Estate Math Problems – Mortgage rates have dropped as a result of the debt ceiling deal. According to a recent article in the Christian Science Monitor, mortgage rates have dropped to 4.39% from 4.55% the previous week for a 30-year loan. What does a drop in interest rates mean for a homeowner? Although it … Read more
Check out our latest “Math in a Minute” video – Quick real estate math examples with complete solutions explained. In this episode, we will calculate Debt-To-Income (DTI) ratios that banks will typically look at before determining how much a buyer can afford on a loan.
Earlier this week, the S&P released the Case-Shiller Indices for January 2011. As a real estate agent, you should be familiar with this real estate math term and what the numbers mean. There are varying opinions on the usefulness of the Case-Shiller Index for real estate professionals. This post breaks down what you need to … Read more
Congratulations! You’re a licensed agent! Your first major decision will be to choose which brokerage you will associate with. Here are some of the numbers you’ll have to take into account when deciding which brokerage you should go with: 1) How many transactions will you do this year? If this is a new full-time … Read more
Taking the real estate licensing exam can be difficult, especially if math isn’t your strong suit. But don’t worry, EZ Real Estate Math is here to help with your real estate licensing exam prep! In the two-part post, we describe 25 strategies for tackling the math questions on your real estate licensing exam. Our first … Read more
Taking the real estate licensing exam can be difficult, especially if math isn’t your strong suit. But don’t worry, EZ Real Estate Math is here to help with your real estate licensing exam prep! In the two-part post, we describe 25 strategies for tackling the math questions on your real estate licensing exam. This first … Read more
The Federal Housing Administration recently announced an increase in their monthly insurance premium (MIP), starting April 18, 2011. While FHA loans are a great way for buyers to purchase a home with only 3.5% down, an increase in the MIP will affect your monthly payment. Consequently, this affects the maximum loan amount you can afford. … Read more