Real Estate News – Recent Articles
Buying a Foreclosure
Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice. Individual situations will differ and should be discussed with a licensed attorney. For specific legal advice on the information provided and related topics, please contact the author. Foreclosures provide an... Read More »
Surviving as a First-Time Buyer in America’s Least Affordable City
A new joint analysis by ATTOM Data Solutions and Down Payment Resource found that first-time homebuyers in Denver — the least affordable market in Q1 2017 according to the ATTOM Affordability Index — can increase their down payment on a median-priced home by $13,900 (129 percent above just the minimum 3 percent down) and save nearly... Read More »
The Home Flipping Pyramid
While some may think home flipping is the domain of high-powered, highly capitalized institutional investors, the data suggests otherwise. More than two-thirds (69 percent) of all single family homes and condos flipped in the first quarter of 2017 were by investors of the mom-and-pop variety who just completed one flip during the quarter,... Read More »Home Flipping Loan Volume Rises to Nine-Year High in Q1 2017 as Average Flipping Returns Decline for Second Straight Quarter
An Estimated $3.5 Billion in Home Flipping Loans for Homes Flipped in First Quarter; Highest Home Flipping Rates in DC, Nevada, Alabama, Tennessee, Maryland IRVINE, Calif. – June 8, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q1 2017 U.S. Home Flipping Report,... Read More »
Utilities Add 25 Percent to U.S. Homeownership Costs According to New Research from ATTOM Data Solutions and UtilityScore
Utility Costs Require 7 Percent of Wages on Average Nationwide; California Home Seller Profits More Than Double with Solar Installed; IRVINE, Calif. – June 6, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, and UtilityScore, a software provider that helps solar and home improvement... Read More »Finding Real Estate Deals When Distress Dries Up
Interest in foreclosures is heating up in 2017 even as the foreclosure market dries up. “The REOs that come on, they are not that far off from the traditional stuff. Back in 2007 you were getting 20 percent off the actual value. … Now you have them selling for 5 percent off, if that,” said Leland DiMeco, owner and principal... Read More »