Elite Real Estate

Actual Estate And Properties For Sale

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According to a December 2017 report from actual estate website Zillow, the total value of all U.S. properties in 2017 was $31.8 trillion, more than 1.5 times the nation’s Gross Domestic Product (GDP) on the time. House ownership, also known as proprietor-occupancy , is the most common kind of real estate investment within the United States. According to the Nationwide Multifamily Housing Council, roughly two-thirds of residents personal their home. Typically, they have financed the acquisition by taking out a selected kind of mortgage referred to as a mortgage, in which the property acts as collateral for the debt.

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