House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
VA loan activity swells during coronavirus pandemic
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate financing
by Jim Dalrymple II Aug 20
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
Median home sale price reaches all-time high
The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin
by Lillian Dickerson Jul 20
Home prices begin to stall
Median home prices stayed the same or decreased in 17 states and half of all analyzable metro areas from April to May 2020, according to new figures from Attom Data Solutions
Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
Homeowners are unprepared for flooding in many cities: Report
In cities with floodplains but no recent catastrophic events, few homeowners actually have flood insurance
by Jim Dalrymple II May 27
Foreclosure activity continues to decline in March
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
by Lillian Dickerson Apr 15
US property taxes increased to $306.4B in 2019
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years
Barack Obama's Honolulu childhood home hits the market for $2.2M
Obama lived in the 3-bedroom Craftsman with his mother from 1964 to 1967
by Lillian Dickerson Feb 13
Choosing a mini-me: 4 tips for finding the right protege
Opinion
To create a sustainable long-term legacy business, you need to find a balance between someone who is like you but who is also ready to modernize your business
by Spyro Kemble Jul 28
San Francisco skyline aerial view
87 neighborhoods in the City by the Bay have median home values of $1M or more, only 15 are more affordable
by Marian McPherson Nov 8
Seattle crown jewel of WalletHub's 'Best Big Cities' list
The Emerald City ranked first in economic strength and access to quality education and healthcare
by Marian McPherson Jul 24
5 markets where homebuyers can win big with falling prices
Texas dominated the list with 4 of its largest markets making the cut
by Marian McPherson May 4
Houses and homes in the suburbs
Percentage of homes seriously underwater continues year-over-year decline, but pace slows
by Patrick Kearns May 2