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Returns on home flips drop to lowest level since first-quarter 2011
Source: Scotsman Guide --- Home-flipping profit margins fell to their lowest point in nearly a decade as of third-quarter 2021, according to Attom Data Solutions’ newest U.S. Home Flipping Report. From July through September, 94,766 single-family houses and...
LETTER: Offshore investors compound housing issues
Source: Vancouver Island Free Daily --- I’m not interested in the value of my home. I chose what was semi-rural because I don’t need amenities many younger people demand. My parents’ families had 3-5 kids, their parents had 10, so why can’t we find enough homes for...
Why building affordable housing in a resort community is difficult
Source: Ski-Hi News --- As Summit County and its leaders continue to puzzle out the complexity of the community’s lack of affordable housing, many community members suggest that building more units should be considered as a primary solution. But this is a convoluted...
Will Rising Conforming Mortgage Limits Cause Another Housing Crisis?
Source: Motley Fool --- Home prices have been on the rise since the start of the year, and they don't appear to be slowing down. A big reason is that low mortgage rates have fueled a surge in buyer demand. Meanwhile, limited inventory is forcing buyers to duke it out...
Paraplegic Real Estate Agent Tackles Housing Accessibility
Source: US News --- RICHMOND, Va. (AP) — William Sweeney began hatching an idea nearly 10 years ago after waking up from a medically-induced coma and learning he was a paraplegic. After various operations and months in rehabilitation, Sweeney needed a place to live...
Homeowners struck gold during the pandemic—here’s the breakdown in every state
Source: Housing Wire --- The housing market wasn't looking so hot during the early weeks of the 2020 lockdowns. An unemployment rate that quickly soared to the highest level since the Great Depression all but assured a real estate tailspin. Forecast models produced in...
THE FUTURE OF REAL ESTATE IS NOW
Source: RISMedia --- One of the most frequently asked questions throughout today’s real estate brokerage ecosystem is: “Will technology replace real estate agents, and if so, when?” The answers vary greatly and usually end in a resounding not now…and not ever. Correct...
How To Get Started in Passive Real Estate Investing
Source: Entrepreneur --- When you think of a real estate investor, you perhaps picture someone who owns rental homes and manages their rental portfolio, finds tenants, hires vendors for repairs or rehab projects, and collects rent. This is an example of an active real...
Firm to offer real estate brokers payment in cryptocurrency as part of ‘natural progression’
Source: yahoo!finance --- Major athletes and musicians have gotten paid in cryptocurrency – and now real estate agents can as well. A specialty finance firm called RLTY Capital is the first to offer brokers the option to get their commissions paid up front, in crypto,...
Low inventory, higher prices marked hot 2021 real estate market
Source: Times Union --- The Hudson Valley home-buying frenzy, sparked in 2020 by families relocating at the onset of the COVID-19 pandemic, didn’t cool down in 2021. In many places this year, the residential real estate market only got hotter. The latest New York...
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Hits and Misses for the Real Estate Week of June 22-26- HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Vete…
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