Home flipping rates continue downward trend, profits hit new high
Despite the seeming decline in popularity of house flipping, the gross profit on the typical home flip rose to its highest amount since 2000 of $73,766, up from $69,000 during the second quarter of 2020
by Lillian Dickerson Dec 16
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Where are 2020’s hottest ZIP codes?
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
by Lillian Dickerson Aug 18
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
Home flipping climbs to 14-year high while returns hit 9-year low
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705 — up 7.3% year over year to its highest level since the second quarter of 2006, according to Attom Data Solutions' latest home flipping report
by Lillian Dickerson Jun 11
Massachusetts market snapshot: Inventory is tight
For agents in Massachusetts, the biggest struggle amidst the COVID-19 pandemic has been the lack of available inventory
by Lillian Dickerson May 11
Illinois market snapshot: Things are looking up
Six weeks into stay-at-home orders, real estate agents in Illinois say the state of the market is looking pretty good
by Lillian Dickerson Apr 29
'Oh god let's leave': Serial killer's 'torture basement' horrifies agent
Stewart Weldon is awaiting trial for allegedly killing 3 women. His former Massachusetts home is for sale, and this week, it traumatized a couple who visited the home with an agent
by Jim Dalrymple II Jan 23
natural disaster
Post Hurricane Katrina, people have poured into devastated areas
by Octavio Nuiry May 27