Empty Nests

Rising Household Formations and Sliding Homeownership Suggests New Households Are Likely Comprised of Renters

Real Estate

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By Matthew Schreck, Quantitative Research Analyst, Auction.com Research The Census Bureau released its fourth quarter Housing Vacancy Survey, which includes both homeownership and household formations data. Household formations underwent a massive revision in August, and the post-recessionary picture shows the 12-month moving average of formations bouncing between 500,000 and 800,000, failing to generate consistent positive momentum. However, formations have spiked since August, most recently hitting 1.96 million in December. This is likely an exaggerated level for household formations, as the […]

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HousingRoundup

January Housing Round-Up: Housing Market Moves into 2015 with Improved Momentum

Real Estate

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By Matthew Schreck, Quantitative Research Analyst  The U.S. housing market recovery finished the year on a positive note—an improvement from the weaker sales and price growth in the early part of 2014. Both existing and new home sales reaccelerated after a November drop, and year-over-year price growth is stabilizing after a prolonged period of deceleration. The annual rate of home sales stumbled in November, but existing-home sales grew from last month’s downwardly revised rate to a SAAR of 5.04 million […]

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Investors Lean Toward Flipping—Barely

Real Estate

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By Cynthia Badiey, Editor By a slim margin, real estate investors preferred to fix and flip properties rather than renting them out in the fourth quarter of 2014. That’s one of the findings of Auction.com’s latest Real Estate Investor Activity Report™, a nationwide survey of investors bidding on properties at auction, both online and at live events. Nationwide, half of the investors surveyed indicated that they intended to flip the properties they were buying, while 47.3% said they were going […]

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Strong December Job Growth Headline Belies Mixed Bag for Real Estate Investors

Real Estate

Auction.com 1

By Chris Muoio, Quantitative Strategist, Auction.com Research The BLS released December employment data today, and the yearend brought a mixed bag for real estate investors.  December saw 252,000 jobs added, beating expectations.  Additionally, November’s huge gain was revised even higher, and now shows 353,000 jobs added in the month.  Payrolls added an average of 246,000 jobs per month this year, the highest figure during the cycle. The strong job gains and a slip in labor force participation brought unemployment to […]

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15 Trends We’re Watching in 2015

Real Estate

Chris Muoio 0

By Chris Muoio, Quantitative Strategist, Auction.com Research Now that 2014 has come and gone, it’s time to look ahead. Last year, we saw the U.S. housing market stumble before improving toward the end of the year; the economic recovery strengthen; the apartment market continue to forge ahead on the supply and demand sides; and the other commercial real estate sectors continue their slow recovery grind. With 2015 upon us, here are the 15 commercial real estate (CRE), residential, economic and global […]

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REO

Where Have the REO Investors Gone?

Real Estate

Rick Sharga 1

This article originally appeared in Servicing Management Magazine. One of the more interesting phenomena we’ve witnessed over the past few years is the sudden entrance—and now, the equally sudden apparent exit—of investors in the REO market. After the incredible volatility of the housing market boom and bust that left the industry with a mountain of delinquent and defaulted loans to process—and which ultimately led to almost seven million borrowers losing a home to foreclosure—investors swooped in, lured by the unusual confluence […]

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Handymen From Hell! 10 Tips to Find Good Help on Your Next Project

Real Estate

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By Ethan Roberts Over the years, I’ve been extremely fortunate to have two excellent handymen to make repairs for me on dozens of rentals and flipped homes. Their work was always competent. They were reliable, had respect for my property, and used common sense. I couldn’t always pay them a lot, but I made it up to them by giving them work on multiple properties and with referrals to other investors or customers. Recently, I had two vacant rentals to […]

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REO

Six Reasons To Sell Your Home During The Holidays

Real Estate

Auction.com 1

By Peter Miller Many people see the summer as real estate’s prime marketing season. There’s a lot of truth to that, in large measure because parents want their children in place at the start of the new school year.   That said, homes sell year-round, and they sell in big numbers. According to the National Association of Realtors, 506,000 existing homes were sold in June 2014 but another 387,000 were sold in December 2013, in the dead of winter. Those […]

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6 Reasons to Make the Jump to CRE with Multifamily Investments

Real Estate

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By Kristine Serio You’ve been investing in buy-and-hold single-family properties for a while now, and you have to admit it: you’re pretty good at it. In fact, you’re so good at it that you’re thinking of branching out into other kinds of real estate investing. But where do you look? You look at commercial real estate (CRE) investing. Specifically, you look at multifamily investments. Small multifamily investments are the best way to make the jump from single-family properties to the […]

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5 Things to Look for in an Investment Property

Real Estate

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By Kristine Serio Passive income, appreciation, stability, great returns, tax benefits—the arguments for investing in long-term, hold-to-rent real estate just make sense. Listen to them long enough, and you really start to wonder, “Why am I not in on this?” Listen a little longer, and that question becomes, “All right, how do I get in on this?” Not all hold-to-rent properties are created equal. If you’re on the hunt for a long-term real estate investment, you need to understand what […]

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