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Inflation is the rate at which the general level of prices for goods and services rises over time, reducing the purchasing power of money. In practical terms, inflation means that the same dollar buys

A housing market recession refers to a period of sustained weakness in housing activity and pricing. It often involves declining home sales, reduced construction activity, tightening credit, rising inventory, and downward pressure on prices

House hacking is a strategy where an owner occupies a portion of a property while generating income from the remaining portion to offset housing costs. Common examples include living in one unit of a

A home warranty is a service contract that covers repair or replacement of certain home systems and appliances for a defined period, typically one year. Home warranties are often purchased during residential transactions, sometimes

A home inspection is an evaluation of a property’s physical condition performed by a licensed or qualified inspector. The inspection typically occurs during a buyer’s due diligence period and is intended to identify visible

HOA fees are recurring payments made by property owners to a homeowners association. These fees fund the maintenance, management, and shared costs of a community, building, or planned development. HOA fees are common in

Gross rental yield is a metric used to estimate the annual rental income of a property relative to its purchase price or current value. It is typically calculated by dividing annual gross rent by

Gross rental income, often abbreviated GRI, is the total rental income a property generates before accounting for vacancy, credit losses, operating expenses, or capital expenditures. It represents the top line rent revenue, typically measured

Gross rent multiplier, often abbreviated GRM, is a quick valuation metric that compares a property’s price to its gross rental income. It is calculated by dividing the purchase price by the annual gross rent.