The share of U.S. homes flipped by investors fell in the second quarter of 2025 while profit margins dropped to levels not seen in more than 15 years, according to new data from ATTOM. Flippers resold 78,621 single-family homes and condominiums between April and June, or 7.4% of all sales.That was down from 8.3% in […]
US home flipping profits hit lowest level since 2008 Read More »
As home prices and mortgage rates continue to stretch budgets, many would-be homebuyers are wondering if they’ll ever be able to make the jump. Industry professionals say that creative financing tools and professional guidance can make homeownership more attainable, but a lack of awareness continues to stand in the way. Three voices from different corners
Help exists for cash-strapped homebuyers — but many don’t know it Read More »
Home sellers expect to spend about $18,500 on expenses, but the actual cost is more than $67,000, according to a new report from Clever Offers, a platform owned by Clever Real Estate. The report found that on average, recent sellers spent: $21,024 on pre- and post-listing repairs and improvements $14,204 on seller’s agent commission $13,691
$67K to sell a home? Consumers drastically underestimate the costs Read More »
Household income in the U.S. rose slightly in 2024, but the picture looks very different depending on where you live. The national median income reached $83,730 last year, up 1.3% from 2023, according to a new report from online fintech company SmartAsset. That modest increase failed to keep pace with the roughly 3% inflation rate,
Household income climbs in some big cities, outweighed by inflation in others Read More »
Speaking to thousands of real estate professionals at Coldwell Banker’s Generation Blue Experience 2025, company president Jason Waugh told agents that today’s market — despite volatility — represents one of the greatest opportunities of their careers. “We’ve been through three years of a contracting or flat market,” Waugh told attendees at Las Vegas’ Fontainebleau. “It’s
U.S. property owners saw home equity pull back in the second quarter as housing cost growth moderated, but while accrued amounts still sit near recent highs, the rise in underwater loans is raising concerns. Homeowners lost an average of approximately $9,200 in equity on a year-over-year basis between April and June, according to the report
Home equity values decline from a year ago Read More »
Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metrics The national median DOM for single-family homes currently stands at 63 days,
Midwest housing markets defy national days on market trends Read More »
Key Insight: Consumer prices rose 0.4% in August, doubling July’s 0.2% increase, indicating inflation is rising but remains moderate. Supporting Data: The inflation numbers come after the U.S. economy reported only 22,000 jobs in August, the weakest gain since the pandemic recovery, while unemployment ticked up to 4.3%. Forward Look: The data likely does not
Inflation creeps higher in August, amid looming rate cut Read More »
Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s why. Let’s be real. Homes are taking a week longer to sell than they did a year ago. According to Realtor.com: “Homes are also taking longer to sell. The typical home
Patience Won’t Sell Your House. Pricing Will. Read More »
The homeownership rate among Black Americans fell to 43.9% in the second quarter of 2024, the lowest level since late 2021, according to Redfin. That was down from 45.3% a year earlier and marked the steepest annual decline since the third quarter of 2021. By comparison, the Hispanic homeownership rate rose slightly to 48.8% from
Homeownership among Black Americans drops to 4-year low Read More »