Down payment average for home purchases drops to 14.8 percent, a three-year low
The average down payment for single family homes, condos and townhomes purchased in the first quarter was 14.8 percent of the purchase price, down from 15.2 percent in the previous quarter and down...
View ArticleZombie foreclosures down overall, but still up from a year ago in half of...
A new report shows that in the second quarter of this year there were that 127,021 homes actively in the foreclosure process had been vacated by the homeowners prior to a completed foreclosure, called...
View ArticleHigh-density detached urban infill is a booming real estate business so what...
By Pete Reeb John Burns Real Estate Consulting Our urban infill feasibility business is booming, thanks to a confluence of trends that are creating heightened interest in high-density single-family...
View ArticleLogjam at the low end of the housing market is caused by negative equity that...
While the U.S. negative equity rate is dropping, more than four million homeowners still owe the bank at least 20 percent more than their homes were worth, according to a release of the latest report...
View ArticleForeclosure filings by banks jump to a 19-month high
Foreclosure filings were reported on 126,868 U.S. properties in May 2015, up one percent from the previous month but up 16 percent from a year ago to a 19-month high, according to a new report from...
View ArticleBest and worst markets for low down payment buyers and what it means for real...
A new analysis of low-down payment buyers, such as first-time homebuyers, and boomerang buyers from RealtyTrac.com and Down Payment Resource ranks 370 counties across the U.S. in terms of...
View ArticleHousing sales moving from investor-driven “cash is king” to more traditional...
The all-cash share of U.S. home purchases in May dropped to the lowest level since November 2009, with institutional investor purchases dropping to a 15-year low, a new report from RealtyTrac.com...
View ArticleReal estate investing trends so far in 2015 and what is ahead for the rest of...
Our veteran real estate investors and bloggers have some opinions on the trends that have been happening so far in 2015 for real estate investors. Here they review those trends and then give some...
View ArticleNew buy-to-rent analysis shows there are still good rental deals for real...
A new buy-to-rent study from RealtyTrac.com shows the average potential annual gross rental yield still is holding strong, and only down slightly from a year ago. “In most areas of the country it is...
View ArticleAre rising rental rates by landlords encouraging renters to move?
By John Burns Rents in the highest-quality apartments rose 4.4% last year, including an 8.0% jump in one West Coast portfolio. With a very high occupancy level (95.8%) and job growth exceeding...
View Article3 tips for successful lifestyle real estate investing
By The Zillow Team There are three main categories of buying homes as a real estate investment: Cash flow investing — for people whose primary goal is rental income. Equity growth investing — for...
View ArticleForeclosures fall to 10-year low, but some markets still slow to work through...
Foreclosures continued to fall in the first half of 2015, dropping to a 10-year low across the U.S. and further tightening available housing inventory, according to a new study from RealtyTrac.com....
View ArticleInvestor-driven sales continue decline as traditional buyers join the market
Distressed sales, cash sales and institutional investor sales in June were all down from a year ago to multi-year lows even as sales to first-time homebuyers and other buyers using FHA loans increased...
View ArticleUnderwater homes have hit a plateau of 13 percent as home price appreciation...
There were 7,443,580 U.S. residential properties that were seriously underwater — where the combined loan amount secured by the property is at least 25 percent higher than the property’s estimated...
View ArticleBuilders and developers will start building more detached single-family homes...
By John Burns Real Estate Consulting Builders and developers will now start building more detached homes for rent. For years, home builders have ignored 10 percent of housing demand, allowing resale...
View ArticleHome flips squeezed on both sides of the equation, but still average $70,000...
The number of home flips is declining as available foreclosures decline, but profits are increasing, along with the time it takes to complete a flip, a new study from RealtyTrac.com shows. “Despite the...
View ArticleReal estate investors and real estate agents: a Win-Win for both
By Doug Clark Zillow for Pros Blog There are two groups of real estate professionals out there who might not realize how mutually beneficial their relationship can be: Agents, who are skilled at...
View ArticleHome loan originations up 23 percent year over year new study says
Home loans originated on single-family homes and condos in the second quarter of 2015 were up 23 percent from a year ago, to the highest level since the third quarter of 2013, according to a new study...
View ArticleFuture uncertain for Chinese homebuying in U.S. in new home communities
By John Burns Real Estate Consulting Chinese homebuyers comprise roughly 2% of U.S. housing demand—and far more than that in the gateway metro areas with excellent airport access. According to the...
View ArticleForeclosures up 7 percent in July as banks flush distressed properties and...
Foreclosure filings in July 2015 were up 7 percent from the previous month and up 14 percent from a year ago, according to a new report from RealtyTrac.com. July was the fifth consecutive month with a...
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