CVS Poised to Be a Giant in the Healthcare Retail Space

CVS Poised to Be a Giant in the Healthcare Retail Space

Real Estate

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By William Travers, Senior Quantitative Strategist, Auction.com Research One idea that’s frequently floated in the commercial real estate (CRE) sphere as a solution to sagging brick-and-mortar retail demand is the concept of shoehorning of medical offices and urgent care centers into vacant traditional retail spaces. This idea does incite some skepticism because of the high cost of retrofitting retail spaces for medical offices; furthermore, most outpatient medical centers tend to cluster near affiliated hospitals. However, there’s one retail-medical mash-up that […]

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Auction.com mobile search results and property details pages

Auction.com Makes It Even Easier to Search and Bid On Real Estate, No Matter Where You Are

Real Estate

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At Auction.com, we’re always looking for ways to make it easier for you to find and buy the home you want—no matter where you are. So we’re excited to tell you that we’ve mobile-optimized our search results and property detail pages for web browsers on smartphones. This means that when you use your iPhone or Android smartphone to search for a property from a web browser, you can see the results of your search easily and quickly, without pinching or […]

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Buying Investment Property at Auction

How To Buy Foreclosures at Auction

Real Estate

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By Peter Miller Foreclosure starts have fallen to the levels last seen before the mortgage meltdown, but while the worst of the crisis is over, opportunities to buy homes at with big discounts remain in every market. According to the National Association of Realtors (NAR), the typical foreclosure was priced 20% below market value in April and 15% in May. These are national averages; in practice, foreclosure discounts vary substantially, depending on local market conditions. Sales of distressed homes usually […]

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An Investor’s Guide to New York and New Jersey (Infographic)

Real Estate

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Recent housing data shows that in many ways, the U.S. housing market has recovered from the Great Recession. Unfortunately, this recovery hasn’t been uniform. Some metros–New York and New Jersey, in particular–have bounced back more slowly due to economic factors and state foreclosure laws. In this infographic, we focus on the market conditions in those two states and what investment strategies make the most sense.

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5 Properties to Avoid when Flipping a Home

How to Buy a Bank REO

Real Estate

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By Ethan Roberts As property values rise, more and more consumers are seeking bargains in bank real estate owned (REO) properties. Today we’ll look at what these properties are all about, and how one should go about buying them. What is an REO? When a borrower defaults on his or her bank loan, the bank forecloses on the home and it goes to a foreclosure auction. But sometimes the home doesn’t attract a buyer at auction and remains unsold. It […]

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Exurbia Returning to Prominence as Single-Family Housing Regains Traction

Exurbia Returning to Prominence as Single-Family Housing Regains Traction

Real Estate

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By Philip Stern, Research Analyst, Auction.com Research Think suburban sprawl is dead? Think again. America’s outermost suburban rings, also known as the exurbs, are in the midst of a swell of housing activity last seen during the early 2000s. Land that was once rural country is re-emerging as a highly sought-after source of affordable single-family housing. It’s also an initial indicator that the trend of consistently strong growth in America’s urban cores in the years following the recession is beginning […]

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How to Estimate Repair Costs on a Flip

How to Properly Estimate Repair Costs on a Flip

Real Estate

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By Ethan Roberts Whether you’re rehabbing a home to flip, rent out, or even live in, one of the most important tasks you face is maximizing the home’s appearance while staying within your budget. The last thing you want to do is spend too much repairing a home, only to discover when you resell it that your total profit will be nominal. Today, I’m going to share how to develop the skills to properly estimate your rehabbing costs before you […]

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Auction.com Nowcast

July 2015 NAR Sales and Price Nowcast Blog

Real Estate

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By Peter Muoio, Chief Economist, Auction.com Research The National Association of Realtors (NAR) released existing home sales and median existing home price data for June that demonstrated a continued surge in the U.S. housing market, as sales jumped. The Auction.com sales and price nowcasts once again anticipated this continued surge. The nowcast sales point estimate of a 5.55 million annual rate and its confidence range of 5.37–5.73 million not only saw the strong 5.49 million annual rate June figure coming, […]

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Due Diligence

First-Time Home Buyers’ Guide: What is Due Diligence?

Real Estate

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By Ethan Roberts Many first-time home buyers have little idea of what they need to do after they sign a contract to purchase a home. In this article, we’ll look at the “due diligence” part of buying a house, and discuss the various tasks that are vital to ensuring that your purchase becomes a positive event and not a nightmare. A Basic Definition First things first: due diligence refers to a buyer’s investigation of the various aspects of a property, […]

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Chart of the Weekend: Multifamily Development Builds Up

Real Estate

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By Matthew Schreck, Quantitative Research Analyst, Auction.com Research Housing permits are skyrocketing, particularly permits for multifamily buildings of five or more units, suggesting developers are increasingly bullish on expectations for future rental housing demand. June data from the US Census Bureau indicated the seasonally adjusted annual rate (SAAR) of total privately-owned housing permits increased 7.4% from a month ago and 30% from a year ago to 1.34 million. The multifamily component of permits, including structures with five or more units, […]

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