The Gateway to Real Estate Investing

Real estate investing has been a hot investment option for decades now. Most millionaires invest in real estate to generate long-term passive income or grow their net worth through appreciation.

Currently, the real estate market is fighting off the pandemic’s economic undertow due to ultra-low mortgage rates, which recently dropped to a record low of 2.72{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}. This has led to a surge in Americans buying houses during the pandemic, termed a “generation-buying” moment.

The National Association of Realtors reported that the annual rate of home sales rose to 6.85 million, a whopping 27{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} jump from the same time last year. At this rate, all homes in the US could sell within two and a half months!

Americans are scooping up properties even before they get listed, taking advantage of low-cost gateways into real estate like Roofstock to generate stable passive income through rental properties. Unlike crowdfunding, where investors loan money to real estate developers for projects within a time frame; Roofstock lets you buy properties outright!

This online platform has banished the high-capital requirement for buying houses in the US with listings in hot urban and suburban pockets. Tech helps them keep the commission fees lower than the usual 6{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}

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