Are REOs ready for a comeback?

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie
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Items Tagged with 'House flipping'

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RealtyTrac: Is flipping a flop?

Flipping returns rise but flips as percentage of sales drop
A total of 30,013 single family homes were flipped — sold as part of an arms-length sale for the second time within a 12-month period — in the second quarter, accounting for 4.5% of all single-family home sales during the quarter, according to RealtyTrac’s Q2 2015 U.S. Home Flipping Report.
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The 14 very best big money markets for flipping homes

Bonus: 22 most active house flipping markets
Home flipping isn’t the share of home sales it used to be; it stood at 3.7% of the total homes sold in the first quarter of 2014. But there’s still gold in them thar hills, so to speak, as profits from flipping a house are up to 30%. Notably though, the returns in the top 14 markets are more like 70-80%.
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Looking for a 30% profit? Flip a house

U.S. home flipping down to 3.7% of all sales, but profits are up

While the share of flipped homes is shrinking, the average sales price of single-family homes flipped in the first quarter was $55,574 higher than the average original purchase price. That’s up from a year ago when the average gross profit per flip was $51,805, according to the Q1 2014 U.S. Home Flipping Report from RealtyTrac.


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