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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. When buying an REO ( real estate owned/lender-owned property ), the banks like to work with cash. That limits your risk and your days on market.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Philadelphia has been one of the hottest real estate markets in the country in 2020 and its market temperature remains sizzling hot. It means that the demand from buyers is exceeding the current supply of homes for sale. So, regardless of where you are buying, the market will be almost the same – competitive.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Basically, the law protects lenders from assumable mortgages with below-market interest rates.

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San Jose Real Estate Market & Investment Overview

Marco Santarelli

We will discuss the latest San Jose real estate market trends. The San Jose's housing market is infamously expenisve. A lack of homes for sale is pushing prices up, so potential buyers are facing an affordability crunch. The median sale price was $1.2M. Existing SFR Home Sales were up by 47.9%

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