Slight Decline in Labor Costs Help Slow Overall Increase in Repairs By Rick Sharga, CJ Patrick Company The cost of home repairs and remodeling in the first quarter of 2024 continued to increase, rising by 0.59% from the prior quarter and just over 4% from the first quarter of 2023 according to the...
…But Dips Downward Again in First Quarter By ATTOM Team ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2024 U.S. Home Equity & Underwater Report, which shows that 45.8% of mortgaged residential properties in the United States were considered...
Home Prices Have Doubled Over the Last Decade By Dana Anderson, Redfin Nearly two of every five (38%) homeowners do not believe they could afford to buy their own home if they were purchasing it today. This is according to a Redfin-commissioned survey of roughly 3,000 U.S. residents...
Bank Repossessions Up 7% By ATTOM Team ATTOM, a leading curator of land, property, and real estate data, released its Q1 2024 U.S Foreclosure Market Report, which shows a total of 95,349 U.S. properties with a foreclosure filing during the first quarter of 2024, up 3% from the previous quarter but...
More Americans Placing Higher Value on Renting than Home Ownership By Entrata Staff Entrata, a leading AI-enabled multifamily industry operating system, announced The New American Dream report, which found that the American Dream is changing as more people are renting by choice and not because...
Rental Housing Providers Deliver Nearly 25,000 Units of Build-to-Rent Housing in 2023 By National Rental Home Council and Yardi Matrix Build-to-rent homes help to address America’s supply-constrained housing markets while allowing families to enjoy the benefits of a new home experience that meets...
Home Rental and Ownership Still Difficult in 2024 for Average Workers By ATTOM Staff ATTOM released its 2024 Rental Affordability Report, which shows that median three-bedroom rents in the U.S. are more affordable than owning a similarly-sized home in nearly 90% of local markets around the nation....
Raw Flipping Profits Also Up, to High Point Since Middle of 2022 By The ATTOM Team ATTOM, a leading curator of land, property, and real estate data, released its third-quarter 2023 U.S. Home Flipping Report showing that 72,543 single-family homes and condominiums in the United States were flipped...
Take a True Look at Each Deal in Front of You By Rodney Mollen Renovating properties has been a tried-and-true method of creating investment value in real estate for decades. During up markets and down markets alike, there are always opportunities to create value-add profitability with a good...
