…But Profits Reach New High ATTOM Data Solutions released its third-quarter 2020 U.S. Home Flipping Report showing that 57,155 single-family homes and condominiums in the United States were flipped in the third quarter of 2020. Those transactions represented 5.1 percent of all home sales in the third quarter of 2020, or one in 20 transactions. That figure was down from 6.7 percent of all home sales in the nation during
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Post COVID-19 Forbearance & Foreclosure/Eviction Moratoria by Michael Jansta Let’s face it, nobody had 20:20 vision for real estate investing going into 2020. Now in 2021, even after all that we’ve seen and learned in 2020, our vision forward doesn’t appear much clearer. What we do see is COVID-19 continuing to rage on in all parts of the country despite vaccines in deployment, mortgage forbearance programs set to close but
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Trent McMurtrey’s journey to becoming an independently owned and operated HomeVestors® Business Owner in 2017 has been uniquely interesting. Trent is a military veteran having spent twelve years in the military. He initially spent six years in the Marine Corps as an enlisted soldier. After his stint in the Corps, Trent did several things, but like a lot of veterans, he began to miss the uniform and the camaraderie which
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Forming Relationships to Enhance Investment Strategies By: Monica Mansfield Now that the real estate investment industry is returning to normal following the COVID-19 pandemic, it is prudent for investors to begin establishing new relationships for acquisition and disposition strategies by enhancing their networks with real estate agents and brokers who have advanced access to the REO and foreclosure assets that are coming to market following mortgage forbearance. Suzanne Andresen, the
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A Perspective on Possible New Rules and Regulations By: Rick Sharga, EVP, RealtyTrac In spite of—and in some ways perhaps because of—a global pandemic, one of the most contentious presidential elections in the nation’s history, and even the invasion of killer hornets into the Pacific Northwest, 2020 has turned out to be a banner year for the U.S. residential real estate market. Existing home sales, which suffered due to government
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Easy Tips to Make Your House More Marketable By: Nicole Brungardt, Senior Account Manager, Property Masters Acoustic ceilings, or better known as “popcorn” ceilings, were first introduced in the 1930’s—can you guess why? The aggressive texture was easier and faster to apply, they were more cost effective, and they hid imperfections and muffled sound. Who cannot get behind that? Millennials—and I will tell you why. NOT INSTA-WORTHY First impressions are
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