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HomeLight
JUNE 16, 2023
Lenders who foreclose on homes and then sell them at auction may be willing to let go of the home for significantly less than the market value. In early 2021, “the foreclosure market is almost dried up,” says John Durham , a top agent in McDonough, Georgia with 20 years of experience, including many purchases at auctions.
HomeLight
AUGUST 31, 2021
The bank will then list the property on the market and try to sell the home in a similar fashion to your average property. Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure.
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HomeLight
FEBRUARY 9, 2023
the California housing market is seeing a decline in prices, and that decline will likely continue in 2023. According to the 2023 Housing Market Forecast put out by the California Association of Realtors, California’s median home price is predicted to go down 8.8 You just have to adjust to the current market that there is,” he says.
HomeLight
JANUARY 19, 2023
To learn more about flipping houses in Georgia, we’re talking to Savannah-based real estate agent Jay Mills, a listings specialist with the Hupman Group , to get his perspective on what’s happening in his market. Let’s get into it! A Top Agent Can Be Your Georgia Real Estate Investment MVP Interested in flipping a house in Georgia?
HomeLight
MARCH 10, 2023
Flipping takes a lot of money, know-how, manpower, and planning to be successful. That is especially true in the New York market, where house flipping margins have gotten thinner as home prices and repair costs have escalated, and buyers have been shut out of the market by higher interest rates.
HomeLight
FEBRUARY 24, 2023
With steady population growth in Florida and a housing market that has calmed to a more reasonable level, opportunities are plenty. A cooling, less competitive Florida housing market means investors can find more opportunities to make a deal on the types of properties they need for a flip. Find a Buyer's Agent What is house flipping?
HomeLight
FEBRUARY 24, 2023
We also talked to Jeremy Larsen , a top-performing agent who specializes in investment properties in Fort Worth , to get some insider tips on the Texas real estate market. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.
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