Home flipping

White Is White, Right? NOPE!

Today’s News Synopsis: The personal hell of picking the right white paint.  The Mortgage Bankers Association reported a 26.8% increase in mortgage applications from last week.  Real estate is at a “tipping point” according to John Campbell of Zillow, Redfin and eXp Realty. In The News: Realtor.com – “The Personal Hell of Picking the Right White …

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For Now, At Least

Today’s News Synopsis: Why are Americans holding off on remodeling their homes?  Mortgage rates decreased again, putting 15-year rates at 3.28% and 30-year rates at their lowest in two years at 3.82%.  The home-flipping rate in the U.S. was at its highest in nine years in the first quarter with 49,059 homes and condos flipped. …

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I’ve Heard Of A CGI Moustache, But Now A CGI Property Listing?!

CGI in Real Estate Listings? Today’s News Synopsis: Don’t let those Hollywood-style special effects fool you on some of those property-listing photos.  Construction spending increased by the least amount in seven years in 2018 according to the Commerce Department, having increased only 4.1%.  The first rent-control law to be enacted by a state was just …

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Fewer Distressed Sales Are Limiting The ability Of Home Flippers To Find Deep Discounts

Today’s News Synopsis: U.S. Home Flipping Returns drop to nearly 4 year low.  Mortgage rates increased again with 30-year rates now at 4.54% and 15-year rates at 3.99%.  Here’s something you don’t hear every day: it may be more affordable to buy two homes instead of just 1. In The News: Realtor.com – “Home Buyers Find …

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Take Care of Christmas and New Year’s Resolution At The Same Time!

Today’s News Synopsis: Give yourself the gift of a home gym.  Homeowner equity increased in the third quarter by over $800 billion according to the latest CoreLogic report.  Meanwhile, home flipping was at its lowest in two years in the third quarter. In The News: CoreLogic – “CoreLogic Reports Homeowner Equity Increased by Almost $871 Billion …

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