Home flipping sales declined nationwide both quarter-over-quarter and year-over-year, hitting their lowest level since the second quarter of 2009, according to RealtyTrac's Q3 2014 U.S. Home Flipping Report released today. The number of home flipping sales, or those in which a home is purchased and sold within 12 months, represented 4 percent of all single-family…
Read more
Foreclosure Crisis Nearly Over!
CoreLogic released its National Foreclosure Report for February, 2014, reporting 43,000 completed foreclosures for the month, a 13.1% decrease from January, 2014. Yearly, foreclosures declined 15% from February, 2013. Comparatively, foreclosures averaged 21,000 per month before the housing crisis from 2000 to 2006. Since September, 2008, 4.9 million foreclosures have been completed. As of February, 2014, 752,000…
Read more
Top Reasons Why You Should Consider Living in Queen Anne
Recently we had the opportunity to remodel a 4 bedroom single family home in the vibrant Queen Anne neighborhood. With the perfect view of the Sound, Olympics, and golf courses it was impossible to pass up this property. Not only do residents have gorgeous sweeping views of Seattle, Queen Anne is a popular neighborhood to…
Read more
Seattle and Portland Rank in Top 3 for Home Flipping
Investors are profiting once again from house flipping. Most of today's profits come from a growth in high-end flips of homes $750,000 or more, according to RealtyTrac’s third-quarter Home Flipping Report. Real estate investors earned an average gross profit of $54,927 on single-family flips during the third quarter, according to the report. “Increasing home prices…
Read more
