Items Tagged with 'Flipping'

ARTICLES

  • Reminder: Rehab REOs to increase profits

    Don't sell property "as is"
    Servicing and asset management organizations involved in the mortgage default arena need to look once again at each REO property on an individual case-by-case basis to determine if rehabilitation and/or property improvements are the best marketing strategy for each property.
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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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  • Auction.com: Are investors growing wary of flipping?

    “Buy and hold” strategy becoming more prevalent
    Real estate investors interested in making money on a home are becoming less likely to flip the home and more likely to hold the property and rent it out, according to a new report from Auction.com. The likely cause? Oil prices.
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  • Auction.com: Investors still flip for flipping

    Still favor fix-and-flip over renting
    Despite rising rents, investors still prefer fixing and flipping houses as opposed to buying a house for the purpose of renting it out, according to a new report from Auction.com. But results vary depending on whether the house was purchased at a live auction or an online auction.
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  • 3 reasons why California housing is about to go bust

    The money is drying up
    California is perhaps one of the most important states in mortgage finance. So much of the mortgage finance world is based in California and, like Texas, the industry is a huge source of employment for workers of varying levels of education. But, trouble could be brewing.
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  • The best and worst markets for house flippers

    Flippers nationwide bought at average 8% below and sold at 6% above
    In the second quarter on average flippers bought properties for an 8% discount below their estimated market value and re-sold them at an average 6% premium above their estimated market value.
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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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