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House flipping hits lowest level since 2000

Housing Wire

of all home sales in the first quarter of 2021 were flips — or one in 37 transactions, the lowest level since 2000. The post House flipping hits lowest level since 2000 appeared first on HousingWire. Per a report from ATTOM , a national property database, 32,526 single-family homes and condominiums in the U.S. Of the 32,526 U.S.

Investors 501
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Real estate investors purchased 16% of homes in Q3 2024

Housing Wire

The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% The report is based on an analysis of home purchase records from 39 of the most populous metro areas since 2000. As the U.S. year over year in Q3 2024, representing a small change after four years of fluctuations. Investors purchased $38.8

Investors 488
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Real estate commissions, brokerage models, and the consumer

Housing Wire

Daily, my inbox contains another article regurgitating the same tired rhetoric about the real estate lawsuits and the (proposed) settlements. Invariably, these same articles classify all real estate brokerages and models as identical. That’s just false. Suppose that agent reduced the commission to 2%.

Brokerage 459
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How to get a real estate license in Texas

Housing Wire

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

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Virginia Realtors CEO Terrie Suit is retiring

Housing Wire

In 1996, she received a gubernatorial appointment to the Virginia Real Estate Board. Later, she was elected to the Virginia House of Delegates and served the 81st District from 2000 to 2008. ” “Terrie Suit helped us build a world-class team at VAR to execute these initiatives,” the association said. ”

Realtors 434