NEW YORK – Aug. 1, 2017 – More than 126,000 U.S. homes were flipped last year – the highest rate since 2007, according to a study by WalletHub. The average gross profit on a single home flip? Nearly $63,000. Overall, Florida metro areas ranked in the top 25 percent for home flipping, with only cities
LOS ANGELES – July 27, 2017 – Arizona, Nevada and Washington, D.C. are among the 11 states where it’s more affordable to rent than it is to buy a home. But owning a home still beats renting in Florida, according to a study by website GOBankingRates. GoBankingRates surveyed all 50 states and the District of
Housing remains in high demand in most of the nation, but the housing recovery looks increasingly uneven, depending on location. Whether buyers are shopping for their own homes or for investment properties that will throw off some cash, certain markets are becoming far more lucrative than anyone might have expected just a few years ago.
Strategic Property Partners is naming its mixed-use district after the main corridor in its multi-billion-dollar development, hoping to create a signature street and sense of place in Tampa’s urban core. The district will be known as Water Street Tampa, a nod to the rebuilt Water Street that will become the central spine of the urban
Just last month, a 32-year-old meteorologist was excited by his promotion to a better-paying position with the National Weather Service. At long last, he figured, he could afford to buy a modest single-family house in a middle-income suburb near his office. But so far, his housing search has proved fruitless. Though his earnings have risen,
Ascent Development Group Vice President Steve Barber, left, along with Smith & Associates Real Estate Vice President of Real Estate/Development Services Dave Traynor pose for a photograph near a model of Virage Bayshore Wednesday, April 05, 2017 in Tampa. The luxury condominium building features 24 stories with 71 residences. Among other features of the building
A sprawling mansion on the Westshore waterfront has been sold fully furnished for $6.4 million. The Culbreath Isles home at 4942 St. Croix Drive hit the market quietly in July 2016, priced at close to $8 million. The sellers, Harvey and Cheryl Adams, put the home up for sale because they are downsizing. VIEW SLIDESHOW
CHICAGO – May 24, 2017 – Brokers should be happy to know that consumers are optimistic about both the U.S. economy and the real estate market, according to the latest Berkshire Hathaway HomeServices quarterly Homeowner Sentiment Survey. However, the possibility of rising interest rates has many potential homebuyers concerned – especially millennials. According to the
WASHINGTON – May 22, 2017 – U.S. real estate markets are becoming increasingly international. Two trends – changing demographics from immigration and a growing interest from foreigners – are positioned to bolster home sales activity and prices, according to speakers at an international real estate forum organized by Realtor® University’s Richard J. Rosenthal Center for
WASHINGTON – May 15, 2017 – When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex home-buying process even more overwhelming. To help buyers successfully get through the buying process in a tight inventory market, the National Association of Realtors®