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Everyone in real estate is all too aware of the severe housing shortage. High buyer demand butting up against a lack of homes for sale is fueling record-high prices and cutthroat competition. The big question is does that spell a housing market crash in our future? Redfin took a look at what leads to a housing bubble and what the experts are saying about today’s red-hot market.
Every real estate investor knows hiring the right contractor can make or break your deal. Find a good one, and you need to protect that relationship at all costs. Hire a dishonest or incompetent contractor, and you’ll quickly see your profits disappear. Check out this recent BiggerPockets post for advice on how to find and hire a contractor who will be an asset to your team.
Realtor.com shared the median rent and percentage change year-over-year for the 50 largest metropolitan areas in their latest March rental data report. Rents across the country’s largest markets are poised to rise at a quickening pace with March marking the first time rents have sped up in the past eight months.
More than 1 in 10 Americans reported moving in the past 12 months, according to a recent Zillow survey. What’s more, with COVID-19 vaccines circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. See what else the research shows.
ATTOM Data Solutions analyzed single-family rental data for 495 counties across the nation. Take a look at their interactive map to see the rankings, annual gross rental yield, and median sales price in your market.
Not only does staging a home help buyers visualize the space better, it increased the amount buyers were willing to spend for a property according to the National Association of REALTORS® 2021 Profile of Home Staging report. See the impact staging could have on your next flip.
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