Realtor.com

JULY 31, 2020

In addition to playing hunks on TV shows like “Desperate Housewives,” “Dallas,” and “Passions,” the actor Jesse Metcalfe renovates and flips homes in his spare time. He updated the charming house with modern fixtures and hardware, updated and lightened up the color scheme, and refinished the original hardwood floors.

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Housing Wire

FEBRUARY 21, 2023

“As a seller if something is sitting out there a couple weeks and it’s not selling, the price is too high,” said Kearney, who has been investing through multiple real estate cycles and believes housing will not be rebounding substantially in the near term. The $500,000 house is now $450,000. There’s no good news around the corner.

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Housing Wire

SEPTEMBER 24, 2021

It’s no secret that housing is in short supply. The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. million homes short.

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Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? Fannie Mae recently projected originations for 2023 at $1.59

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Realtor.com

SEPTEMBER 11, 2020

Zeke Ruelas Many homeowners harbor a fantasy of buying a house that’s a dud, taking it down to the studs, and transforming it into a masterpiece of their own design. Her third and latest flip is a home in the upscale neighborhood of Brentwood, just outside the bustle of Sunset Boulevard, in Los Angeles. Smart renovation choices.

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Housing Wire

JUNE 28, 2022

Kiavi , formerly LendingHome , recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market. ” Kiavi ranked as the top short-term lender in the fix-and-flip space in 2021, with $2.7

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Housing Wire

NOVEMBER 2, 2021

Investment firm Pretium has acquired the leading fix-and-flip lender Anchor Loans LP from affiliates of Wafra Capital Partners Inc. housing market during a shortage of housing supply and an insufficient stock of move-in ready homes. The post Pretium acquires fix-and-flip lender Anchor appeared first on HousingWire.

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Lighter Side of Real Estate

APRIL 17, 2024

While some people might cherish finding a house that needs updating, and becoming a weekend warrior taking endless trips to the home improvement store, most buyers would prefer to buy a house where someone else already put in that effort. All told, they were looking at having to spend nearly $20,000 out-of-pocket to fix the problems.

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Housing Wire

NOVEMBER 30, 2021

Housing supply shortage. The housing supply constraints on the market also open up a few opportunities for non-QM growth. is short somewhere between 4 and 5 million homes, so the fix and flip market is here to stay,” Lind said. “The housing stock than ever before,” Lind said. Refinance decline. How Acra Lending can help.

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Lending Investor Loans New Construction 397

Housing Wire

JUNE 19, 2023

Last month, ProPublica reported about a real estate flipping company that is targeting vulnerable homeowners, and using deception [and] coercion to close sales,” Smith told Chopra during the hearing. A duo of bipartisan U.S. HousingWire reached out to HomeVestors for comment but did not hear back before this article was published.

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Housing Wire

JANUARY 18, 2021

As the calendar flipped to 2021, it didn’t take long for the rise in mortgage rates. Economists across the housing industry believe the era of extreme low rates could be coming to a close, but the transition might be a slow burn. However, the factors that will drive mortgage rate movements are still up for debate.

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Bigger Pockets

JANUARY 26, 2024

With house flipping activity remaining high across the country, many investors are wrestling with this question: Is house flipping ethical? There are two sides to the argument, both of which we detail here.

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Housing Wire

APRIL 19, 2021

A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. This is why I stress that housing is the cost of shelter to your capacity to own the debt, not an investment. Already a member?

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Marketing Investor Mortgages Loans 540

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Investor Equity New Construction Mortgages 427

Bigger Pockets

MARCH 31, 2024

Want to begin flipping houses in 2024? With this popular investing strategy, you could build a lucrative and flexible real estate business. All any rookie needs to get started is […]

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Renovation 105

Housing Wire

JULY 27, 2023

The recovery has not taken place, but the housing recession is over,” said NAR Chief Economist Lawrence Yun. “The The recovery has not taken place, but the housing recession is over,” said NAR Chief Economist Lawrence Yun. The presence of multiple offers implies that housing demand is not being satisfied due to lack of supply.

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HomeLight

OCTOBER 31, 2023

The home-flipping fad isn’t just an obsession among reality TV addicts. The number of people flipping homes in real life is still growing. of all home sales were flips, compared to just 5.8% However, although television makes flipping look easy, exciting, and profitable, the reality isn’t so glamorous. In 2022, 8.4%

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HomeLight

SEPTEMBER 15, 2023

House flipping may sound like a fun, easy way to make fast money on a real estate investment, but flipping a house isn’t as simple as it seems on TV. Add a top-notch real estate agent who’s experienced in flipping houses to your team and get a knowledgeable asset that can save you time, money, and headaches along the way.

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Bigger Pockets

NOVEMBER 30, 2023

On the surface, flipping a house is a three-step process: buy, rehab, and sell. While that’s the basic approach to house flipping, there’s a lot more to it. And that’s why you need a house flipping checklist. This checklist will guide you from pre-renovation through closing day.

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Housing Wire

JUNE 8, 2021

With tightened housing stock supply, the competition for home buyers is fierce this year. But not everyone has the time and ability to flip a house themselves, especially given the timing gap between purchasing a fixer-upper and updating it enough to move into full-time.

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Housing Wire

APRIL 20, 2021

The first house he submitted in an offer for fetched $70,000 more than the asking price, only to be flipped for another $60,000. He got his house, albeit with cabinets that hadn’t been updated in 25 years. He wasn’t looking for a fixer-upper. The rest of this content is for HW+ members.

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Renovation Loans Construction Finance 437

RIS Media

MARCH 8, 2024

Manufactured housing flips this on its head; a home is built remotely, factory-style, then transported to the land where it will rest. When you picture a home being built, more often than not, you probably picture the construction occurring onsite.

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Housing Wire

SEPTEMBER 24, 2020

Sales of new houses in August rose to 1.001 million at a seasonally adjusted and annualized pace, the Commerce Department said on Thursday – the first time the number has broken 1 million in 14 years. Housing is the bright spot in the economy right now,” Dietz said in an interview. ” The rest of this content is for HW+ members.

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Sales Mortgages 419

Housing Wire

SEPTEMBER 21, 2022

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. The tailwinds. percentage points, more than any other age group.

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Equity Mortgages Lending Marketing 454

Housing Wire

DECEMBER 21, 2023

The lawsuit brings accusations of violations of the Fair Housing Act and Equal Credit Opportunity Act. That’s the first predatory mortgage lending case brought by the DOJ. It’s also CFPB’s first federal court lawsuit related to the Interstate Land Sales Full Disclosure Act. The lawsuit is baseless and both outrageous and inflammatory.

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Lending Land Development Loans 427

Housing Wire

DECEMBER 31, 2020

All eyes have been on mortgage rates this year, especially the 30-year fixed-rate, which has dropped more than one percentage point over the last twelve months, driving housing market activity in 2020,” said Sam Khater, Freddie Mac’s chief economist. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week.

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Mortgages Loans Investor Fixed-rate mortgage 446

Housing Wire

JANUARY 29, 2024

After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. On the flip side of that, consumer delinquencies for credit cards and auto loans are rising fairly quickly, which is a sign of stress in the consumer.

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Marketing Mortgages Investor Technology 454

Housing Wire

SEPTEMBER 21, 2021

Most of these new renters are millennials and Gen Z looking for more affordable housing options, as 55% of suburban renters are younger than 45 with median household earnings around $50,000. Most of the suburbs expected to flip are in California and Florida, with quite a few others in Georgia, Maryland, Missouri and Ohio.

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Housing Wire

NOVEMBER 16, 2020

Typically, during a crisis or catastrophic event that impacts the housing industry, you’d see a significant downtick in mortgage originations and an uptick in delinquencies, ultimately leading to foreclosures. That’s generally how a crisis impacting the housing industry works. The rest of this content is for HW+ members.

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Mortgages Industrial Closing Loans 406

Housing Wire

JANUARY 10, 2024

From showing up with their favorite coffee on open house day to personalized housewarming presents and “homeiversary” presents that keep you top of mind, thoughtful gestures showcase a level of care that goes beyond the standard expectations. We were discussing old cell phones and how I missed hanging up the phone by flipping it closed.

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Housing Wire

JUNE 28, 2022

growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. This data line lags the current housing market as it’s a few months old. The S&P CoreLogic Case-Shiller Home Price Index just recorded 20.4%

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Marketing Investor Mortgages Sales 454

Housing Wire

AUGUST 8, 2023

A flip phone will make a call, but you cannot pull it apart, put it back together and expect it to be a smartphone. Using the right PPE will also benefit the end borrower by making it easier for lenders to support affordable housing programs. The core limitations of legacy solutions make this impossible.

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Technology Loan Officer Loans Commercial 366

Realty Biz

JUNE 25, 2023

Those who have a house they've been paying off for years accumulate equity, which can be used as a part of your portfolio. House Flipping House flipping can generate a lot of money , but it's not exactly the most beginner-friendly option either. But with house flipping, that may not always be the case.

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HomeLight

JUNE 22, 2023

That’s when you might consider an alternative solution: selling to a house flipper. We’ll explore the world of house flipping and provide the information you need to make the best decision for your situation. No showings, no repairs, no open houses. Request a No-obligation Cash Offer What is a house flipper?

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Realty Biz

FEBRUARY 3, 2022

In the past few years, fixing and flipping homes in the United States has become a very profitable opportunity for investors. In fact, it does not matter whether you are a sound investor or someone that is just looking at this as a side hustle, fixing and flipping houses can help you with sizable incomes and growth margins.

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Marketing Renovation Investor Commercial 112

Sotheby's International Real Estate

NOVEMBER 10, 2023

An Award-Winning Architect Designed This $12M Home in the Hamptons for Herself – Robb Report This Montana Mountain Estate Is a $4M Contemporary Dream House – Realtor.com $800,000 Homes in Rhode Island, Oregon and Ohio – The New York Times Diane Sawyer’s Coastal New England Oasis Sells for Just Under $24 Million – Robb Report $2.5

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Realty Biz

JUNE 15, 2023

As you begin the search for homes for sale in the Green Bay area , you may come across what most people call a flipped house. This can be a great way to buy a house that is move-in ready, but there are some potential cons to consider, too. Here's what you need to know before buying a flipped house in Green Bay.

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