Bobby Burch
Last-Minute Improvement Projects to Drive Value Before Spring Selling Season
As we enter the hottest season of the year for real estate, many investors are looking to boost their returns with last-minute home improvement projects. And thanks to an analysis from Zillow, investors looking to increase their profits can now concentrate their efforts based on projects that drive the most ...
Spring Kicks Off with Surge of Existing Home Sales
As Spring blooms across the U.S., investors are enjoying the season’s start with a swell of existing home sales. Existing home sales jumped 11.8 percent in February from January — the largest monthly gain in four years, according to the National Association of Realtors. The median price of existing homes ...
Evolving Generational Preferences Pushing Real Estate in New Directions
As more Millennials enter homeownership, the group’s housing and financial priorities are shaping the future of real estate, according to a recent report. In a survey of more than 1,000 people on homeownership preferences, Porch.com found that, among many differences, Millennials are using more technology to find their homes. But ...
How will the Spring Real Estate Market Perform? Economists Weigh in
As investors gear up for what’s typically the hottest season of the year for real estate, economists are offering optimistic outlooks for the housing market this spring. There is an array of reasons for investors and other real estate professionals to be hopeful when April rolls around, said Lawrence Yun, ...
Pro Real Estate Photography Can Make a Big Difference in Selling
We’ve all seen the listings where a home looks great on paper but in photos, it’s a dark, dreary scene. From blurry images to gloomy lighting to messy kitchens, poor presentations of a home not only fail to show its potential but can actually deter people from seeking more information ...
Huge Influx of Millionaires will have ‘Significant Impact’ on Silicon Valley Real Estate
Thanks to the prospective public offerings of several large tech firms, Silicon Valley will likely see thousands of new millionaires vying for real estate in the next two years. Already boasting some of the most expensive homes and neighborhoods in the United States, the San Francisco Bay Area is expected to ...
Top 10 U.S. Metros for the Highest Vacancy Rates
For investors, understanding the overall health of a market is imperative to success. One metric — an area’s vacancy rates — can help not only in determining financing needs but also how much you can hope to sell the property for. And thanks to a recent report from LendingTree, investors ...
Survey: Home Sellers Question Value of Realtors, but Still Use Them
As new technology disrupts the world of real estate, home sellers are growing increasingly skeptical of the value realtors bring to the dealmaking table. But while that skepticism seems rich among sellers’ sentiments — in particular with Millennials — most will still turn to a realtor to sell their home, ...
Building Empowerment: HGTV Star Jasmine Roth Inspires Confidence
If you ask Jasmine Roth when she first ventured into real estate, the blossoming star of HGTV’s “Hidden Potential” has to laugh. “I would say in utero,” Roth responded with a chuckle. “My parents moved from New Jersey to Virginia when I was just a thought. They bought a piece of ...
Report: Fifth of Home Sellers Dropped Prices in February
Continuing a recent overture of good news for prospective buyers and investors, about one in five homes for sale dropped in prices last month. February saw 21.1 percent of homes for sale nationwide drop in price, which was the largest rate drop in the last decade, according to a report ...
3 Lead Generation Pitfalls that Will Cost you Time and Money
Editor’s Note: This content is sponsored by Realeflow and produced in collaboration with Think Realty. Click here for more information on Realeflow and its special promotion for Think Realty readers. For time-strapped investors, lead generation can appear to be a juggling act fraught with challenges. From sourcing prospects and persistent ...
Flipping Flop? Fix-and-Flip Deals Decline in Rates, Returns
Returns and sales for single-family and condo flipping are struggling, according to a new report from ATTOM Data Solutions. 207,957 single-family homes and condos were flipped in 2018, down about 4 percent from 216,537 flips in 2017, according to ATTOM’s U.S. Home Flipping Report. Flips comprised about on 5.6 percent ...
Millennials Flexing Buying Power, Boosting Homeownership Rates for Two Years
In spite of bleak headlines saying homeownership evades their grasp, Millennials for the last two years have helped drive growing homeownership rates, according to new U.S. Census Bureau data. Thanks in large part to people under 35, the U.S. homeownership rate grew to 64.8 percent in the fourth quarter of ...
Lowering Barriers, Startup Roofstock Offers Investors Shares of Homes
Proptech startup Roofstock is aiming to create more real estate investors with their platform that allows people to buy shares of homes for as low as $5,000. The Oakland-based tech firm created a marketplace that offers its users a lower barrier to entry to become investors in single-family rental homes ...
Study Reveals the Best Month for Sellers to List their Home
As the realtors prepare for what’s anticipated to be a booming Spring season, sellers are eyeing when exactly to list their homes. And thanks to a recent study from Zillow, sellers have more insight on when to list to maximize their time and returns. Data indicates that not only do ...
Despite Historically-Low Rates, Foreclosures Increasing in Areas
While mortgage delinquency has dropped to historic lows, there are pockets of the U.S. seeing an uptick in foreclosure starts, according to a report from ATTOM Data Solutions. A handful of states are reporting year-over-year increases in foreclosure starts, including Montana (up 48 percent), Minnesota (up 29 percent), Nebraska (up ...
Zillow Report Details the Best Big Cities for Buying, Selling
As the Spring selling season looms, investors will have to look at opposite coasts for the best locales in which to buy and sell homes, according to a recent Zillow report. The East Coast hosts seven of the top 10 metros that have the best conditions for buyers, according to ...
10 Years Later: How the 50 Biggest Metros have Recovered Since the Great Recession
In 2008, many homeowners were devastated by a financial crisis spurred on by the collapse of the U.S. real estate market, otherwise known as the Great Recession. Of course, much has changed in the decade since the United States’ subprime mortgage crisis and real estate values have skyrocketed around the ...
Jasmine Roth’s Four Tips to Upgrade Your Investor Chops and Increase Home Value
When you’ve built, redesigned or flipped dozens of homes like HGTV’s “Hidden Potential” host Jasmine Roth, you know what attracts buyers. Here are some of Roth’s tips to improve your investment game and boost returns. 1. Timeless design Don’t waste your time scouring the Internet for the most stylish aesthetics, ...
How Will the New Tax Law Affect Real Estate Investors?
While it may not be the most exciting topic, understanding the new tax law could save you significant time and money. Taking effect in 2018, the Tax Cuts and Jobs Act is the most significant change to U.S. tax law since the Tax Reform Act of 1986. And to the ...
Google Plans Enormous Real Estate Spending in 14 States
Google is planning to shell out serious cash toward real estate in 2019. The tech titan recently announced that it plans to spend about $13 billion to expand its already massive footprint throughout the United States. The capital will largely be allocated toward data centers and offices across the U.S. as ...
Study Reveals Renting is Cheaper than Owning in Every State
Homeowners are spending more money per month than renters in every U.S. state, according to a recent CNBC report. While price differences vary from state-to-state, homeowners with a mortgage are spending more each month than renters in all 50 states, the report found, citing data from the U.S. Census Bureau ...
Billions of Dollars are Heading Toward ‘PropTech’
There’s a phrase in journalism to verify reporting and find the truth: “Follow the money.” The motto also applies to venture capital funding to determine what innovations are poised to emerge and wreak havoc on stagnant industries beholden to their status quos. So when you look at real estate, see ...
Zillow: After 44-Month Drop, Home Inventories are Starting to Grow
To the joy of prospective buyers, home inventories are finally starting to grow around the country. U.S. home inventories increased 1.2 percent from a year ago, according to a recent report from Zillow Research. “January marked the reversal of a longstanding trend in the housing market,” Zillow wrote. “A ...
As Mortgage Rates Dip, Buyers May See a Rosier 2019 Market
We may only be six weeks in, but 2019 appears to be shaping up as a better year for buyers than 2018. Setting the stage for solid springtime sales, 30-year fixed rate mortgage rates recently hit a 10-month low, according to Freddie Mac. “The U.S. economy remains on solid ground, ...
