Within the 2019 edition of its annual residence-value analysis, the true property web page Zillow estimated the whole value of all U.S. houses in 2018 was $33.three trillion, seventy one% larger than the nation’s gross domestic product (GDP) of $19.four trillion at the time. Homeownership, also called owner-occupancy , is the most common kind of precise property investment within the United States. In accordance with the Nationwide Multifamily Housing Council (NMHC), roughly two-thirds of residents personal their house. Sometimes, these owners have financed the acquisition by taking out a mortgage loan, by which the property acts as collateral for the … Read the rest