Top 5 Cities To Flip Houses In 2023
As home prices continue to rise and the cost of living becomes higher, purchasing a fixer-upper and turning a profit is increasingly attractive to real estate investors. In 2022, house flippers generated an average gross profit of over $70,000 per property, according...
New REO Inventory on the Rise
With a recession looming, mortgage servicers have not stopped working with struggling homeowners in the post-COVID-19 era to avoid defaults where possible. However, as post-moratorium data begins to flow in, Fitch Ratings reports that new REO inventory -- properties...
5 things to know about investing in single-family rental homes
Single-family rental homes comprise more than one-third of all U.S. rental properties — about 16 million currently, with another 13 million new rental households expected to be formed by 2030. Since U.S. housing stock is not keeping up with this future demand, the sector should enjoy a significant tailwind given these favorable supply/demand trends. Not […]
20 Home Renovations That Will Hurt Your Home’s Value
Your home isn’t just a source of pride or a place where you can relax after a long day — it’s also an investment in your family’s future. And while it’s natural to want to make improvements to increase your home’s resale value, some renovations will actually cost you...
These Are the Top 10 Housing Markets for 2023, According to Economists
These are the top 10 housing markets that the National Association of Realtors (NAR) expects to outperform other cities in 2023: Atlanta-Sandy Springs-Marietta, Georgia Raleigh, North Carolina Dallas-Fort Worth-Arlington, Texas Fayetteville-Springdale-Rogers,...
The 10 Real Estate Markets That Will Dominate in 2023
Just a few months ago, homebuyers were competing in knock-down, drag-out bidding wars for modest homes that were selling for six figures over their asking prices. Now, sellers are rapidly dropping prices and doing whatever they can to attract even a single interested...
Philadelphia Vacant Property Ordinances for Investors, Rehabbers, and Realtors
Every U.S. state holds the power to create laws and regulate them according to their particular needs – which is why it is so important to consider the specific ordinances in Philadelphia if you are considering investing in vacant properties. This article reviews a...
SFR Market Remains at More Than Twice Pre-Pandemic Growth Rate
CoreLogic’s latest Single-Family Rent Index (SFRI), which analyzes single-family rent (SFR) price changes nationally and across major metropolitan areas, has found consistent evidence of an SFR market cool down following nearly two years of above-trend rental price...
Housing market predictions for 2023
We’re rounding the corner on 2022 and quickly heading toward a new year. That makes this a perfect time to prognosticate real estate matters for 2023. With mortgage rates escalating higher, home sales — and, in some areas, home prices — hitting the brakes, and...
