6 04, 2021
  • Countdown-Top-10-US-Cities-Building-the-Most-Homes-for-Buyers-Part-1

Countdown: Top 10 U.S. Cities Building the Most Homes for Buyers – Part 1

By |2021-04-06T18:46:59-04:00April 6th, 2021|Categories: Flipping, Florida, New Construction, New Home Development, New Homes|Tags: , , , , |0 Comments

Currently, the number of listings for available homes is about half of what it was last year when inventory was already low, according to realtor.com. Increasing housing demand and ever-decreasing inventory continue to lead to bidding wars and rising prices in many states across the country. In mid-January Fannie Mae’s chief economist Doug Duncan said homebuilders would have to ramp up supply because houses were continuing to fly off the shelves. “The new home sales numbers had a big jump in 2020,” he said, “and there will be more growth in 2021, but they’re [homebuilders] going to have to rebuild

27 02, 2021
  • 3 Major Predictions for the 2021 Housing Market, According to Homes.com

3 Major Predictions for the 2021 Housing Market, According to Homes.com

By |2021-02-18T19:43:57-05:00February 27th, 2021|Categories: Potential Markets, Real Estate, Tips|Tags: , , , , , , |0 Comments

In 2020 Americans saw historically-low mortgage interest rates, brisk home sales with low home inventory in many markets, and bidding wars. But what kinds of housing market conditions can homebuyers and sellers expect this year? Here are three big predictions compiled by Homes.com. House flippers, we’ve summarized them for you here. Home prices that rise by nearly 10 percent In a mid-December National Association of Realtors (NAR) survey of housing and economic experts, the experts reached a consensus that home prices will increase by 8 percent this year. This bodes especially well for house flippers. An increase in mortgage rates,

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

6 01, 2021
  • The Top 10 Housing Markets Predicted for 2021 – Countdown Part 2

The Top 10 Housing Markets Predicted for 2021 – Countdown Part 2

By |2020-12-22T16:14:26-05:00January 6th, 2021|Categories: Flipping, Investing, Investment, Investment Properties, Investments, Potential Markets, Real Estate, Tips|Tags: , , , , , , , |0 Comments

House flippers, a new list published by Realtor.com forecasts the top 10 housing markets for 2021 and we’ve summarized them for you here. We countdown to what’s predicted to be the hottest housing market next year. A region that we service made the list. Let’s go. #5. Seattle, Washington With a median home price of $629,050 Seattle is predicted to be the fifth-hottest housing market in the nation in 2021. Its strong economy is boosted by employers like Amazon and Starbucks. When considering employment in the wider metro area tech giant Microsoft can’t be left out of the picture, since

1 01, 2021
  • Countdown: The Top 10 Housing Markets for 2021 – Part 1

Countdown: The Top 10 Housing Markets for 2021 – Part 1

By |2020-12-22T16:15:23-05:00January 1st, 2021|Categories: Flipping, Investing, Investment, Investment Properties, Potential Markets, Real Estate, Tips|Tags: , , , , , , , |0 Comments

Flippers, if you want a forecast of the hottest housing markets for next year we’ve summarized a list for you here, as reported by Realtor.com. A region that we service made the list. Let’s countdown the top 10 housing markets predicted for 2021. #10. Riverside, California Known as the Inland Empire city, Riverside, California has a median home price of $475,050, making it a less expensive alternative to the Los Angeles metro area by a little less than half the cost. First-time buyers may find this price point attractive, as well as the larger homes and lots typically found in

27 10, 2020
  • ‘Insane’ Demand in Housing Market Likely to Continue Into Next Year, Says Redfin CEO

‘Insane’ Demand in Housing Market Likely to Continue Into Next Year, Says Redfin CEO

By |2020-10-27T18:47:31-04:00October 27th, 2020|Categories: Flipping, Home Improvements, Home Upgrades, Investment, Investment Properties, Real Estate, Tips|Tags: , , , , , |0 Comments

The Covid-19 pandemic-fueled housing boom is expected to carry over into 2021, says Redfin CEO Glenn Kelman. That’s good news for flippers who have their sights set on the New Year. House hunters who weren’t able to snatch up a property this year have greater expectations for the next. “There are so many people now who have decided they’re not going to be able to buy a home by year-end who expect to do so going into 2021,” said Kelman in a CNBC interview late this month. According to the National Association of Realtors (NAR), existing home sales rose 9.4

22 10, 2020
  • 2 Real Estate Rumors About Iconic Buildings: True or False?

2 Real Estate Rumors About Iconic Buildings: True or False?

By |2020-10-19T21:21:14-04:00October 22nd, 2020|Categories: Business, Hard Money, Hard Money Loans, Real Estate, Tips|Tags: , , , , , |0 Comments

You might be a student of house flipping and real estate, or even a seasoned pro, but just like most industries there may be certain tales you’ve heard—stories that sound a little farfetched, but intriguing nonetheless. In a list published this month by The Close, a website dedicated to providing insights to real estate agents and brokerages, some curious real estate rumors are discussed. Are they true, or false? Here are a couple.   True or false: There's a secret apartment atop the Eiffel Tower.   A room with a view?   Rumor has it that the designer and builder of

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

22 09, 2020
  • How Low Inventory Could Affect the Housing Market This Fall

How Low Inventory Could Affect the Housing Market This Fall

By |2020-09-21T21:57:07-04:00September 22nd, 2020|Categories: Business, Flipping, Investing, Investment Properties, Real Estate, Tips|Tags: , , , , , , , , , , |0 Comments

Buyers are actively hunting for and purchasing homes to take advantage of the current historically-low mortgage interest rates. Problem is, there aren’t enough houses for sale to meet the increasing demand. It’s a good place to be if you plan to list your flip this fall. According to Keeping Current Matters, a resource that provides housing market insights to real estate agents, Chief Economist Sam Khater of Freddie Mac said a late-summer economic slump was the impetus for such low rates: “Mortgage rates have hit another record low due to a late summer slowdown in the economic recovery…These low rates have

7 06, 2017

Do You Really Want Your Realtor to Call You a “Motivated Seller”?

By |2017-06-07T10:00:27-04:00June 7th, 2017|Categories: Hard Money Loans|Tags: , , |0 Comments

Buyers see all kinds of language in listing descriptions, and some of it can be pretty confusing. However, the term motivated seller isn’t very confusing. It says that the seller really wants to unload this house—but do you really want your Realtor® to call you a motivated seller, or will it hurt your chances of selling the home at the right price? Do You Want Your Realtor to Call You a “Motivated Seller”? When a buyer sees the term motivated seller in a listing description, it could mean that: You’re willing to negotiate on the price You want to negotiate

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