A Historic Home for a New Family In a new Fixer Upper transformation, Chip and Joanna Gaines help a couple upgrade a 1927 brick Tudor, making it modern and family-friendly while retaining its elements of classic charm. Courtney and Joey Scrivano have a new baby and are looking to move from their modest loft [...]
Should You Invest In Chicago Real Estate? If you're planning to buy a rehab home, take your time; prices will go higher but slowly. Investments in single-family rental properties have good potential in the next few years, as do investments in housing developments, especially apartments . Mortgages have low risk because home prices will go [...]
House flipping has become the day trading of the first decades of the 2000s. But in the rush to make a profit, far too many would-be real estate moguls overlook the basics and end up failing. In this article, we'll look at the five biggest mistakes investors make in this market and how to avoid [...]
Real Estate Investing Mistakes 1. Planning as you go. Andy Heller, an Atlanta-based investor and co-author of "Buy Even Lower: The Regular People's Guide to Real Estate Riches," says lack of a plan is the biggest mistake he sees new investors make. They buy a house because they think they got a good deal and [...]
You want to rehab houses, but where do you start? We see the fix-and-flip “reality” shows that, somehow, manage to have no basis in reality. How hard can it be to buy a house, rehab it, sell it, and retire to a life of luxury on the French Riviera? On TV, it all happens in [...]
Chicago real estate market 2018 The rise in the Chicago real estate market continues to drive the demand in the residential market and multi-family developments. This outcome continues to attract buyers to Chicago’s core neighborhoods. 2017 was a year of uncertainty in many economic and political aspects influencing the real estate market. On one hand, [...]
House Flipping is Up 18% Over Last Year RealtyTrac® released its Q3 2015 U.S. House Flipping Report, showing that 43,197 single family homes and condos were flipped and resold for the second time within a 12-month period. While third quarter house flips were down from second quarter of 2015, they were up 18% over last year’s Q3, [...]
Shortage of Building Lots by Kimberly Hoffman Are all of the good lots already taken? Builders are increasingly vocalizing concern over the limited amount of developed building lots available, which is greatly hindering their ability to ramp up construction. Builders say restrictive regulations, a shortage of financing for lot development, and buyers’ growing preference to [...]
2016 Looks Even Better for Real Estate Opportunities By Kimberly Hoffman With economic growth chugging along, employment will continue to increase, meaning that people will have more money coming in and they’ll be able to buy their first home or upgrade to a new one. Here’s a closer look at the trends that will have [...]
Top 10 Real Estate Markets to Watch in 2016 Where are the next red-hot places for real estate? we don’t actually have a crystal ball here, but we do have our chief economist, Jonathan Smoke. As part of the realtor.com 2016 Housing Forecast released on Wednesday, he homed in on the top 10 up-and-coming metropolitan [...]
