Despite home-flipping rates reaching new highs, representing 9.6% of total home sales in Q1, ATTOM reports that profit margins on flips hit a 13-year low.
Read More »Existing-Home Sales Retreat Nationwide
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales ...
Read More »Investor Impact: Marketshare Shifts in Q1
The number of homes purchased by real estate investors in the first quarter declined 11.5% from Q4 of 2021 and 16.5% from Q3 of 2021, when investor purchases hit a record high, according to a new report from Redfin. Still, ...
Read More »Small, Lively Cities Considered Best Locations to Rent
According to a new report from RentCafe, an Austin suburb —Round Rock— has been named the best city for renters in 2022, as Texas reconfirms the rising appeal as a coveted place to live. Raleigh, North Carolina came in second ...
Read More »Spike in Costs Compressing Budgets for Would-Be Homeowners
Inflationary concerns continue to blanket prospective buyers as new residential sales declined month-over-month in April.
Read More »Distressed Home Sales Down 2% YoY in April
NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.
Read More »Median Sale Price in February Hits $357,300
Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from the National Association of Realtors (NAR). The NAR recorded a seasonally adjusted ...
Read More »SFR Experts to Converge on Dallas for April Summit
As the SFR market experiences all-time highs, the Five Star Institute will bring together the industry’s top experts for the Single-Family Rental Summit 2022 in Dallas.
Read More »HUD Offers Disaster Aid for Three Storm-Stricken States
Residents in Alaska, Tennessee, and Missouri impacted by recent natural disasters are now eligible for federal disaster assistance.
Read More »First-Time Buyers Feel the Pinch of Higher Prices
NAR reports that, year-over-year, median home prices rose 17.8% in July, pricing many prospective buyers out of the market.
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