What’s a fair profit when you put a house under contract and flip it to an investor that will either rehab it or sell it to an end buyer? When put a property under a purchase option for $500 with a purchase price of $65,000 and a retail value of $100,000 after rehab, is it […]
Archives for June 2014
Lennar Corp., ready to build homes to rent
June 30, 2014 by
Lennar Corp., one of the nation’s largest home builders, is “considering” a move to build homes intended to rent if first-time home buyers continue to be reluctant, said Stuart Miller, the builder’s chief executive, in a quarterly conference call Thursday.
Realtor’s Top Tech Tools for 2014
June 30, 2014 by
Real estate professionals are pouring more money into mobile technologies to make their businesses more efficient and expand their reach to clients, according to the 2013-14 Realtor Technology Survey conducted by NAR’s Center for Realtor Technology.
Drones Show Homes From New Perspective
June 27, 2014 by
In the past real estate agents used to rely on photographs to show a home to prospective buyers. Just recently agents have chosen to dedicate full websites and videos to showing a property, but now there’s something completely different. It’s becoming increasingly common for agents to use drones, which are small unmanned helicopters that have […]
Minimizing Your Risk of Investment Ruin
June 27, 2014 by
Real Estate investing is not the same as professional gambling but there is a concept that gamblers use that real estate investors can learn from. It’s called “bankroll management”. The objective is identifying the amount of money a gambler can put at risk for a given game without risking that he or she will lose […]
Millenials shun traditional homes: Builders need to respond
June 27, 2014 by
Millennials are going to be a big force in the housing industry in the years to come, but for homebuilders, they may be trouble.
Student Debt Continues to Hold Back Home Buyers
June 26, 2014 by
Earlier this year levels of home ownership amongst Americans under the age of thirty five hit the lowest levels on record. At the same time levels of student debt reached a new high. Not surprisingly policymakers and economists have debated whether the two are related and are concerned high levels of student debt could be […]
All Cash Home Sales Fall in Most Areas
June 26, 2014 by
The number of home purchases made entirely with cash fell during the first quarter compared to a year earlier in most of the metro areas throughout the country. As the housing recovery progresses, more traditional buyers are re-entering the market and investor activity is declining. The types of properties most attractive to all-cash buyers include […]
Which Distressed Homes Offer the Biggest Discount?
June 26, 2014 by
For home buyers who want to score the biggest discounts on a distressed property, they better be prepared to start the bidding.
Short Sales Falling Out of Favor with Underwater Homeowners
June 25, 2014 by
Real estate professionals say that their underwater sellers are less likely to consider a short sale, even if faced with foreclosure.
