Although house flipping rates declined during the second quarter of 2020, the gross profit on the typical home flip in the U.S. increased to $67,902…
Posts published in “Todd Teta”
While the total number of properties in foreclosure is down 16 percent from the previous quarter, zombie foreclosures increased from 3 percent to 3.7 percent…
During the second quarter of 2020, 1.69 million refinance mortgages were secured by residential properties in the U.S., a number up nearly 50 percent from…
During the second quarter of 2020, equity-rich properties outnumber seriously underwater properties 4 to 1, according to a report by Attom Data Solutions. Source: Inman…
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3 percent return on investment from the original price, a…
Markets on the East Coast and in Northern Illinois were most vulnerable to the effects of the coronavirus pandemic during the second quarter. Source: Inman…
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the…
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705, up 7.3 percent year over year, according to Attom…
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020,…
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same…