Author Archives: Daniel Houston

Profit margins drop on fixer-uppers as flip sales ramp back up

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Fix-and-flip investors have seen their lowest profit margins in a decade, with the typical return falling to 34 percent. Continue reading →

It looks like the US is headed for a 2nd wave of homeowner reshuffling

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A large share of employees want to work remotely, but some say their employers’ lack of guidance on this policy is delaying big decisions. Continue reading →

Prices for home construction materials dip for first time in 2021

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Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome. Continue reading →

Rates for 15-year mortgages continue slow rise from prior lows

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Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading →

Miami neck-and-neck with pricy Calif. metros as home prices surge

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Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn’t been able to keep up, according to new data from OJO Labs. Continue reading →

Offerpad stock surges on second day of trading as iBuyers see gains

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Offerpad’s stock spiked 27 percent on Tuesday before settling back down to $10 per share as investors continued to show interest in iBuyers. Continue reading →

Housing insecurity ticks down in most states, but some worse off

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Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago. Continue reading →

America’s hottest neighborhoods: Milwaukee’s Northpoint community

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For higher-end buyers, this lakeside neighborhood boasts unparalleled access to both the shoreline and Milwaukee city life. Continue reading →

Real estate hiring picks up pace in August despite Delta’s spread

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An underwhelming jobs report held optimism for real estate firms, which hired faster in August as the Delta variant slowed recovery elsewhere. Continue reading →

Home inventory healthier in cities than suburbs, where buyers spar

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Suburbs have made up a growing share of Zillow’s top areas by views per listing — a product of the pandemic’s effect on inventory. Continue reading →