[facebook][retweet] With the national housing market showing signs of improved strength and stability, and inventory levels on the rise, sellers no longer have the advantage that they regained in 2012 after the Great Recession’s prolonged buyers-market. With buyers and sellers on a more even playing field, investors who renovate homes to resell need a competitive…
[facebook] [retweet] Improvements in the labor market in 2014 have not translated to rapid housing market recovery this year, according to the Fannie Mae August 2014 National Housing Survey. Instead, data in the survey indicated that recovery for the housing market will be slow heading into 2015. The number of people surveyed who said they believe now…
[facebook] [retweet] Most investors know that one of the most important aspects of selling a home is curb appeal, and yet many of us are lost on exactly what that entails. Of course a nice mailbox, painted front door, and a freshly mowed yard fits the bill, but today’s buyers expect much more when they…
[facebook] [retweet] Having hit their lowest level of 2014 last week, mortgage rates barely budged in the latest market report from Freddie Mac. The company reported Thursday the average interest rate for a 30-year fixed-rate mortgage (FRM) was 4.10 percent (0.5 point) for the week ending August 28, unchanged heading into the Labor Day holiday. A year ago,…
[facebook] [retweet] Housing market trends kept their spring momentum in July—and are expected to remain solid in the months ahead, Realtor.com said Wednesday in its National Housing Trend Report for the month. For the first time since the start of the housing recovery in 2012, Realtor.com says the end of the annual peak buying season passed this year…
[facebook] [retweet] Zombie properties serve as a lingering reminder of a housing market still in the midst of self-correction. They serve as a legacy of the recent housing crisis, a byproduct of lengthy foreclosure timelines and mercurial state foreclosure statutes. RealtyTrac [1] recently released [2]a nationwide analysis of zombie properties, examining both states and institutions that…
[facebook] [retweet] I recently had a student ask me if I flip HUD and/or REO foreclosures, and whether the bank contracts are assignable. Since it’s a question that I’m asked fairly often, I thought it would make for a great “Ask the PIG” post for all of my subscribers. The short…
[facebook] [retweet] Home purchases made with cash are on the decline across the country, according to Zillow [1], but cash sales still make up a significant portion of the lower-priced home market in many areas. Cash sales declined year-over-year in the first quarter in 102 of the 126 metro areas Zillow observes [2]. Zillow chalked up the…
[facebook] [retweet] “If the grass looks greener on the other side of the fence, you can rest assured that the water bill is higher there too.” –Maya Angelou This is probably one of the best quotes I’ve read in a long time, and it’s so apropos when it comes to entrepreneurship. As a real estate…
. Operating as a real estate professional without a license is a 3rd degree felony in my home state (Florida) and is considered a serious offense in most states. Check out this brief video where Matt shares how you can legally and ethically compensate someone who has brought you a real estate deal, without ending…