6 02, 2021
  • Redfin: December Pending Home Sales Outpaced New Listings

Redfin: December Pending Home Sales Outpaced New Listings

By |2021-02-08T22:18:24-05:00February 6th, 2021|Categories: New Homes, Potential Markets, Real Estate, Selling|Tags: , , , , , , , |0 Comments

In December, typically one of the slowest months of the year for the housing market, pending home sales across the nation rose 35 percent, and new listings increased by 14 percent, according to Redfin. The data demonstrates that winter didn’t have its usual chilling effect on demand. The persistent momentum of the market is largely due to historically-low mortgage interest rates. Redfin Chief Economist Daryl Fairweather had this to say: “The December housing market felt more like spring than winter. Right now homebuying demand is seemingly endless, and although new listings are up from a year ago, it’s not nearly

1 02, 2021
  • Most Homebuyers Made Offers Site-Unseen in 2020, According to Redfin

Most Homebuyers Made Offers Site-Unseen in 2020, According to Redfin

By |2021-01-16T22:05:45-05:00February 1st, 2021|Categories: Investment, Investment Properties, Selling|Tags: , , , , , , |0 Comments

House flippers, you may receive an increasing number of offers on your properties from out-of-state buyers. A record 63 percent of homebuyers made offers on a property last year without actually seeing them in person, Redfin reports. That’s an increase of 31 percent over November 2019. Redfin surveyed over 1,900 homebuyers across 32 major markets during the months of November and December, and in mid-January, said sight-unseen offers have never been more popular since it first began collecting data of this nature five years ago. The surge is due to an increase in virtual home tours as a result of

22 12, 2020
  • 3 Things You Should Know Before Buying Peel-and-Stick Flooring

3 Things You Should Know Before Buying Peel-and-Stick Flooring

By |2020-12-22T15:58:36-05:00December 22nd, 2020|Categories: Flipping, Home Improvements, Home Upgrades, Investing, Selling, Tips|Tags: , , , , , , |0 Comments

As you know, installing floors during a flip renovation can be a time consuming and expensive process—whether they’re hardwoods, natural stone, porcelain, or ceramic planks. Peel-and-stick flooring can be a relatively quick, inexpensive, and easy alternative for areas inside your property, since the planks—or tiles—are applied over the subfloor much like wallpaper, but thicker of course. Peel-and-stick flooring, also referred to as vinyl plank flooring, comes in a variety of styles and patterns. But before you invest in it here are some things you should know. The Cost of Installation You may be able to install peel-and-stick flooring yourself, but

16 10, 2020
  • 3 Intriguing Real Estate Rumors That Are Really True

3 Intriguing Real Estate Rumors That Are Really True

By |2020-10-19T21:12:41-04:00October 16th, 2020|Categories: Business, Flipping, Home Improvements, Investing, Real Estate, Selling, Tips|Tags: , , , , , , , , , , , |0 Comments

Whether you consider yourself to be a student of house flipping and real estate, or a seasoned pro, there may be certain industry tales you’ve heard. In a list published this month by The Close, a website designed to give real estate agents and brokerages strategic insights from industry professionals, some intriguing real estate rumors are discussed…ones you might be surprised to learn are actually true. Here are a few. Mark Zuckerberg bought four homes right next to his. From a financial perspective this doesn’t sound implausible at all—Mark Zuckerberg probably has enough cash to buy-up entire blocks of his

11 10, 2020
  • Do This and Not That When Styling to Sell, According to One Home Stager

Do This and Not That When Styling to Sell, According to One Home Stager

By |2020-10-13T15:07:09-04:00October 11th, 2020|Categories: Curb Appeal, Home Improvements, Remodeling Tips, Selling, Tips|Tags: , , , , , , , , |0 Comments

You know that staged houses sell faster and bring higher prices than un-staged ones, but you don’t have cash in the budget to hire a stager for your flip. Don’t worry. L.A.-based home stager and interior designer Anne Carr of Anne Carr Design offers these four tips on how to style and stage your flip to sell. Arrange a room to looks its best, and not necessarily for functionality. For Carr, presentation sometimes takes precedence over practicality. For instance, TV placement in a room. Rather than worry about whether or not a TV is viewable from various vantage points, Carr

27 08, 2020
  • Are Accent Walls Risky?

Are Accent Walls Risky?

By |2020-08-17T18:44:54-04:00August 27th, 2020|Categories: Flipping, Home Improvements, Home Upgrades, Investment, Selling, Tips|Tags: , , , , , , , |0 Comments

The accent wall—a single wall that’s painted in a hue that contrasts with other walls in a room—is an ideal way to add a pop of color to a space in your flip without committing every wall to a particular pigment. A majority of remodeling experts agree that the accent wall will be the most popular painting style inside of homes for sale this year, according to a recent poll by home improvement website Fixr. This painting method garnered 41 percent of the votes of experts, while other styles like two-tone walls, patterned walls, murals, and walls with faux painting

1 08, 2020
  • Bidding Wars in May and June Driven by Low Mortgage Rates and Low Inventory, Says Redfin

Bidding Wars in May and June Driven by Low Mortgage Rates, Low Inventory, Says Redfin

By |2020-07-20T23:12:23-04:00August 1st, 2020|Categories: Investment, Investment Properties, Potential Markets, Real Estate, Selling, Tips|Tags: , , , , |0 Comments

June marks the second-straight month that over half of home offers submitted by real estate brokerage Redfin contended with multiple bidders. Nationwide, nearly 54 percent of Redfin home offers were engaged in bidding wars in the month of June—an increase from just under 52 percent in May and 44 percent in April, Redfin reported on its website. Bidding wars are being driven by low mortgage rates and low home inventory. Redfin Economist Taylor Marr said, “Bidding wars continue to be fueled by historically low mortgage rates and fewer homes up for sale.” He added, “It’s like a game of musical

27 07, 2020
  • Nearly 30 Percent of Homebuyers Plan to Relocate to Small Metro Areas, Even More to Suburbs. Here's Why.

Nearly 30 Percent of Homebuyers Plan to Relocate to Small Metro Areas, Even More to Suburbs. Here’s Why

By |2020-07-20T23:01:17-04:00July 27th, 2020|Categories: Potential Markets, Real Estate, Selling|Tags: , , , , |0 Comments

Twenty-seven percent of homebuyers plan to relocate to smaller metro areas as a result of the Coronavirus pandemic. Data from real estate brokerage Redfin showed that 27 percent of more than 1 million homebuyers on its site looked to move to smaller metro areas in April and May. Good to know as you scout for your next flip. Similarly, a report from Realtor.com released in late June showed that house hunters in over half of the nation’s 100-largest metro areas are focusing their attention on the suburbs in those areas, as evidenced by listing views for suburbs in the month

27 11, 2019

4 Best Trees to Plant for Great Curb Appeal

By |2020-01-16T08:14:25-05:00November 27th, 2019|Categories: Selling|Tags: , , , , , , |0 Comments

Draw buyers into your next flip with trees that can add lasting beauty to any landscape design. Consider these four options to anchor your lawn. Crepe Myrtle For warmer climates (zones 7 to 9) the crepe myrtle can be ideal. Not only does this tree add instant color to a front yard, but it blooms during the hottest days of summer and is super drought tolerant. Since the crepe myrtle can reach over 15 feet tall and wide you should plant it far away enough from the house to prevent issues as it matures. Blue Spruce If you're looking to

4 10, 2019
  • How to Clean Grime From Window Tracks

How to Clean Grime From Window Tracks

By |2019-10-07T22:12:50-04:00October 4th, 2019|Categories: Cleaning, Home Improvements, How To, Selling, Tips|Tags: , , , , |0 Comments

When you're flipping a house, little details matter almost as much as the big ones do - and that includes things you think people will never look at, like window tracks. But how do you get years of dirt and grime out of them so they sparkle like new? Here's the trick. How to Clean Grime From Window Tracks You don't need any special equipment to clean grime from window tracks, even if it's been building up for years. Here's what you need: Disposable cleaning cloths or paper towels Putty knife or butter knife Spray bottle Toothbrush Vacuum with a

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