"My mother taught me to think of myself as a work in progress, to always aim higher and to be intellectually curious," says John Usdan of Midwood Investment & Development.

It is more expensive to own a single-family existing home in 101 out of 178 metro areas surveyed by NAR.

There are three key demographics that will fuel the institutionalization of this asset class over the next decade.

This study follows FEMA's recent update to its National Flood Insurance Program to incorporate new technology and data analysis of how it views floods.