Investors are retreating from flipping houses, showing skepticism that the practice will continue to pay off. About 43,615 single-family homes and condos were flipped in the first quarter of 2017, down 8 percent from the previous quarter and 6 percent from a year ago, according to ATTOM Data Solutions’ Q1 2017 U.S. Home Flipping Report. It represents the lowest number of flips in two years. ATTOM Data Solutions defines a flip as a home that has
Forbes columnist Jayson DeMers offers the following tips to get more visibility from your social media posts, maximize your outreach, and increase your followers.Leverage influencers: Get people who already have high visibility on social media to share your posts. Target influencers within the industry and offer to collaborate with them on content, or find a way to get them to mention you to their network. Avoid asking for handouts or favors. You
Since the Supreme Court ruled to make same-sex marriage legal in 2015, homeownership in the LGBT community has been on the rise, according to the National Association of Gay and Lesbian Real Estate Professionals’ 2017 Homeownership Survey.Of the more than 300 NAGLREP members surveyed, 47 percent say they believe more married same-sex couples are purchasing homes now than prior to the Court’s two-year-old ruling. Forty-six percent say they bel
Though young professionals and older empty nesters have fueled a recent housing boom in urban centers, some economists have cautioned that overdevelopment and flattening rental prices are signaling a shift away from city life. But developers aren’t leaving downtown.The number of new building permits jumped 5.7 percent in April compared to a year earlier, the Census Bureau reports, with a sizable portion centered in urban areas. The urban reside
Where do buyers have the longest wait times before feeling the financial benefits of homeownership?In March, the California Association of Realtors hosted a panel — “The California Series: State of the State” — revealing that overly strict building codes, an aversion to affordable housing in affluent neighborhoods, and, most of all, exorbitant cost of living is pushing California toward becoming a majority renter state.Zillow’s latest
A new study reveals the causes of this market lullKey Takeaways Post-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability and single-family housing supply shortages are the five key barriers to homeownership.Despite robust job growth and low interest rates, U.S. homeownership rates remain at a 50-year low due to issues with affordability, crushing student loan debt, harsh
Staging, curb appeal updates, and closing costs add up.Selling a home not only takes time, but also costs money. To help with budgeting, Zillow and Thumbtack identified several common — but often overlooked — seller expenses.From closing costs to home prep projects like carpet cleaning, U.S. homeowners can expect to spend more than $15,000 on these extra or hidden costs to sell the median home, according to Zillow and Thumbtack’s Hidden Co
Some Americans may want to get a head start on retirement, at least when it comes to where they intend to call home. A new study by LPL Financial ranks the top most desirable states for pre-retirees, those aged 45 to 64 years old.The 2017 LPL Financial Research Retirement Environment Index ranked states on numerous factors deemed important for 45- to 64-year-olds, including housing affordability, community quality of life, employment, health care
Builders from across the country are teaming up this week for Habitat for Humanity’s Home Builders Blitz, an annual event where builders work on repairing or constructing homes for those in need. Hundreds of builders across 32 cities within 17 states are participating this year to deliver more affordable homes in their area during the week, BUILDER online reports.Habitat, partnering with Ply Gem, teamed with local builders, manufacturers, and
For the second consecutive year, Vermont was ranked as the safest state in the nation, according to a new report released by WalletHub. The Northeast dominated the list of safest places in the country, with six states in the region nabbing spots in the top 10.WalletHub factored in 37 safety indicators for each of the 50 states, including crime, unemployment, job security, road safety, emergency preparedness data, workplace safety, and more to ra
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