The popularity of cryptocurrency, like Bitcoin, is soaring. What may have started as a fringe investment for a select few, is now a trend making its way into the mainstream. Markets Insider reports approximately 106 million people worldwide are using cryptocurrencies. As more people invest in cryptocurrency, industries from retail to real estate are adjusting to customers’ desire to use this digital currency as real-world payment.
Net-zero homes are built to conserve energy, some even go so far as to produce additional energy for the surrounding communities. A net-zero award-winning home in Fraser, Colorado is the result of the hard work and innovation of two University of Colorado (CU) Boulder engineering students, Gabi Abello and Hannah Blake.
The housing market is so hot right now, that even digital homes are selling for unbelievable prices. Recently nine adjacent Genesis plots on virtual land sold for approximately $1.5 million. This purchase was completed as a non-fungible token (NFT) and while it’s an interesting trend, it means little to house hunters searching for a physical roof over their heads.
In a competitive housing market, it’s not uncommon to see home prices creep up. With limited inventory and multiple offers on homes, the price you’re willing to pay for a home may end up being higher than the appraised value. This is known as an appraisal gap and it can be a deal-breaker for mortgage lenders who use appraisals to make sure the home is worth the money they’re lending you.
Today’s housing market is white-hot. Home prices continue to rise, demand remains high, and mortgage rates remain low. Month after month the market’s activity remains on the uptick. But Google’s reports show the search question “When is the housing market going to crash?” jumped 2,450% in March confirming that homeowners, buyers, and sellers are nervous that this housing boom might actually be a bubble.
