The fix-and-flip playbook that worked across the Ozarks for the past several years is breaking down. Homes are sitting close to 90 days on the market and closing roughly $10,000 below list price, according to Rachel Countryman, a residential and commercial agent with eXp Realty who works across southern Missouri. With buyers demanding move-in-ready condition ...
A few years ago, Dallas–Fort Worth buyers competed in bidding wars and waived inspections. Now they are asking sellers to help cover their costs – and in most transactions, they are getting it. According to Katherine Hubbard of DFW 1% Listings, a flat-fee brokerage in the Dallas–Fort Worth metro, roughly 90 percent of her current ...
Homes under $400,000 in north Idaho’s Kootenai County vanish in days. Properties above $1 million sell to cash-heavy buyers who barely flinch at interest rates. But in the wide middle – roughly $450,000 to $900,000 – the market has stalled, according to Cody Fenske, who leads the Apex Realty team at EXP Realty in Kootenai ...
Most Massachusetts homebuyers will not think about new appraisal rules until those rules delay their closing. By then, according to Colleen Barry of Gibson Sotheby’s International Realty, the damage is already done: a seller with competing offers has no reason to wait for a buyer whose lender cannot commit to a clear timeline. Barry’s firm, ...
A condo or townhouse looks like the cheapest way into Arizona’s East Valley, until the HOA bill arrives. In a growing number of communities, monthly association fees have climbed high enough to wipe out the purchase-price discount that drew budget-conscious buyers to condos in the first place. In some cases, a single-family home down the ...
In a typical home sale, a buyer who discovers problems during inspection can negotiate a lower price, and the seller – motivated to keep the deal together – often agrees to meet somewhere in the middle. That expectation is so deeply ingrained that many buyers carry it straight into a bank-owned purchase, where it does ...
Small investors eyeing Orange County often default to the most familiar playbook: buy a single-family home, rent it out, build equity over time. But at Orange County’s current entry-level prices – $1.5 million to $2 million for a starter-to-mid-range home, according to Kathy Thomson, a residential agent with eXp Realty who has worked across Orange ...
In Anderson, South Carolina, the number most sellers fixate on when listing a home – what similar properties sold for recently – may be the reason their listing sits unsold. Builders sitting on unsold new construction have cut prices aggressively enough that the past twelve months of sales data no longer reflects what buyers actually ...
Home prices across Chicago’s western suburbs remain high enough that short-term investors cannot execute the buy-low half of a flip. With roughly one and a half months of single-family inventory across DuPage County, according to Debbie Pawlowicz, owner and designated managing broker at DPG Real Estate Agency in Lisle, Illinois, sellers have little reason to ...
When a large landlord or equity fund lists a former rental property in Dallas-Fort Worth, the home that reaches the market is not always what a buyer expects. These were investment assets managed for cash flow, not curb appeal. Deferred maintenance is common. Cosmetic updates were rarely a priority. And for buyers drawn to the ...
The standard way London homeowners measure a renovation’s success is simple: how many square meters did you add? But homes renovated with strong design vision – focused on volume, light, and spatial quality rather than raw floor area – are consistently outperforming larger, conventionally refurbished properties at resale, according to Matthew Withers, co-founder of Stylus ...
First-time buyers in Chicago’s south suburbs face a problem patience alone cannot solve: the homes they want cost more than they can afford at today’s interest rates. Rather than settle for a smaller house or wait for rates to drop, a growing number are buying small multi-unit properties and letting a tenant cover part of ...
When buyers relocate to a metro area where they have no local ties, the usual priorities – square footage, lot size, finishes – often take a back seat to something harder to measure: a built-in social life. In the suburbs east and south of Tampa, communities with shared amenities like pools, splash pads, and lakefront ...
Many self-employed borrowers who are told they do not qualify for a mortgage are not actually unqualified. They are applying through a loan type that measures income in a way that works against them. Conventional mortgages rely on tax returns, and for self-employed borrowers, tax returns are designed to minimize taxable income. That creates a ...
