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Fix and flip market struggles as financing costs rise

Housing Wire

In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. People are calling it the Great Renovation. How long that can continue is hard to say.”

Finance 365
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3 Reasons to Live in a New Home Before Renovating

Zillow

In today's market, many buyers forego fixer-uppers for move-in ready homes. That said, I often recommend that buyers live in a new home for a while before undertaking any major remodeling or pricey home improvements. I've seen buyers jump through hoops, spending months on end looking for a home. You need time to plan.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. years, assuming prospective buyers save 5% of their household income each month.

Buyers 36
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Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

Among nearly 135,000 properties foreclosed between 2016 and 2020 that sold to third-party buyers at foreclosure auction on the Auction.com platform, more than half (54%) are owner-occupied as of 2022, according to public record county tax assessor data from ATTOM Data Solutions. The role of renovators. The role of renovators.

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Camp Logan Houston Neighborhood Maps

Houston Properties

Most homes in the neighborhood are new construction single-family homes, townhomes, and newly renovated properties. – 2016: #1 Individual Agent, Keller Williams, Texas. – 2016: #1 Individual Agent, Keller Williams, Houston. – 2016: #20 Individual Agent, Keller Williams, Worldwide.

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Sandalwood Homes For Sale

Houston Properties

They brought a lot of buyers through, and we were fortunate enough to have multiple offers to choose from. Sandalwood is the perfect place for buyers who are looking for a perfect balance between a luxurious lifestyle and serene city living. – 2016: #1 Individual Agent, Keller Williams, Texas. lower risk for mistakes.

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Avalon Place Houston Neighborhood Maps

Houston Properties

Located within the Inner Loop area, Avalon Place is a deed-restricted neighborhood with a collection of newly renovated properties and new construction single-family homes and townhomes. Most of the Avalon Place real estate for sale are newly renovated properties and new construction single-family homes. We cannot thank them enough.