Home flippers reported more gains in 2013 than in any year on record, according to national real estate brokerage Redfin [1]. The average home flipped last year was sold for $90,200 more than it was purchased, and in 11 of the 30 markets Redfin analyzed [2], flippers received gains of more than $100,000 per house. Redfin considers flipping the act of…
[facebook] [retweet] I admit that I am not an expert at a lot of things. Rather than being a jack-of-all-trades and a master of none, I decided long ago to be a master of a few things, while remaining downright awful at pretty much everything else. Some of my shortcomings include singing, dancing, drawing, or…
[facebook] [retweet] Even though the first half of 2014 didn’t live up to the hope and hype, industry insiders are still calling for better days in the housing market for the rest of this year. On Friday, Redfin released its latest market summary, which sees the combination of sales, prices, foot traffic, and inventory as positive signs heading…
[facebook] [retweet] You got a great deal on the house from a motivated seller through your creative marketing strategies. Your team did an incredible job of renovating, landscaping, and staging the home and it looks absolutely amazing. The Realtor took beautiful pictures, and along with the description, painted an amazing picture of your most recent…
[facebook] [retweet] ASK the P.I.G. – How do I convince the seller to give me 30-45 days on a contract, when I said I could close quickly? What if they want me to perform inspections BEFORE I tie it up under contract? Check out the above video for your answer… …
Annualized housing starts crossed the 1 million mark in April for the first time this year, but little of that improvement came on the single-family side—and that’s a serious problem, says the National Association of Realtors (NAR). Measuring new homebuilding against employment numbers—which only recently recovered from their recessionary decline—NAR finds that historically, there is one new home…
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the May edition of the Obama Administration’s Housing Scorecard [1] on Friday. The government report showed progress, noting growth in key indicators such as increasing equity and a rebound in the sale of new and existing homes. According…
After the rollercoaster ride that has been the past six years, the national housing market is finally in a place that, at least for the moment, looks stable. Better yet, it looks downright sustainable, if the latest Trulia Price Monitor is to be believed. According to Trulia, for the first time since July 2012, none…
“I just don’t have enough time to get everything done.” “There’s so much to do and so little time.” “24 hours just isn’t enough time to get everything done.” Have you ever found yourself uttering one of these phrases (or something similar) during an exceptionally busy period of your life? Perhaps you feel that way…
[facebook] [retweet] We’ve all heard the age-old adage that a picture is worth “a thousand words”, but in the world of real estate, pictures are worth far more than that. The title of this post is obviously a clever little play (if I do say so myself) on the well-known saying, but in fact, pictures…