Profits and profit margins for home flippers recovered in Q3 2023, with a new report revealing that investors were able to benefit from shifts in prices between the time of purchase and the point at which they sold them.
Read More »Flippers Accounted for 9% of Q1 Home Sales Nationwide
ATTOM has found that nearly 73,000 single-family homes and condominiums in the nation were flipped in Q1 2023, hitting the second-highest mark for home flippers this century.
Read More »Inventory of Unsold Existing Homes Retreats for Fourth Consecutive Month
According to the National Association of Realtors, all four major U.S. regions analyzed recorded month-over-month and year-over-year declines in existing home sales.
Read More »Share of Distressed Home Sales Shrinks in October
Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new NAR data, down from 2% in September.
Read More »Home Price Growth Falls to 12%
Home price growth showed signs of slowing in August 2022 as rates fell to 12% on an annualized basis—off from its 35% peak—according to the latest Home Price Index published by homegenius.
Read More »Single-Family Zoning’s Impact on Climate Change
A new bill passed by the Oregon State Legislature will change the zoning rules for single-family homes. Here’s how the bill could change urban growth boundaries.
Read More »Super-Priority Issues Linger in D.C.
Here’s how a ruling on condominium liens by the Court of Appeals for the District of Columbia is affecting other similar cases. Editor’s Note: This article originally featured in the January issue of DS News, out now.
Read More »Counsel’s Corner: Ruling Puts Lenders on the Hook for Unpaid Assessments
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Louis Manetti of Codilis & Associates.
Read More »