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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

Similarly, companies like Zillow and Trulia launched in 2005 and 2006 as “real estate search engines” to help buyers more easily find a home online. For instance, Opendoor was founded in 2014 to make buying a home more efficient – or as they say “reinvent life’s most important transaction.”

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Like it or not, desktop appraisals are here to stay

Housing Wire

Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. There’s still some battle scars from 2006 to 2009 where appraisers were made to be the scapegoats,” Pyle said.

Appraisal 370
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SFR, fix-and-flip sectors are in a ‘bit of a malaise’

Housing Wire

Fix-and-flip investors — who tend to be smaller entrepreneurial players — acquire, renovate and then sell existing single-family homes — and, in some cases, hold them for rent for a time, depending on market conditions. It remained way below the 44.6% level from the second quarter of 2022 and far beneath a recent peak of 60.8%

Investors 448
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Are you better off moving or refinancing?

Cornerstone

These homeowners could potentially lower their monthly payment by hundreds of dollars or cash out on a substantial sum to be used for renovation, vacation, paying down debt, or starting a small business. Maybe you bought your current home for $216,000 in 2006 ( the median home price for May 2006, at the height of the market).

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Cohousing’s Intentional Lifestyle Gains Appeal Among Seniors

Will Springer Realtor

As the number of households aged 65 and over increased by more than a million each year since 2014, there is solid evidence of many people nearing retirement wanting to stay in their existing surroundings, even renovating the home to be more accessible for years to come. was established in 2006 in Davis, Calif.

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Recapping Some of the 2017 Real Estate News that is Impacting Investors

Patch of Land

percent of nationwide home sales were flips, and represented the highest amount since 2006 according to ATTOM Data Solutions. A boom in new apartment construction in the past several years has caused rent increases to begin to slow down in many U.S. The renewed interest is being driven by investors hoping for a high return.

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GSE Appraisal Reports Online

Appraisal Today

What’s in This Newsletter (in Order) Confirming Construction Progress The New UAD: “Don’t Borrow Trouble.” Since 2006, I have used Constant Contact for this newsletter, which is completely online. The legendary property is owned by energy trader Michael Whalen, who gave the place a massive renovation after buying it in 2010 for $2.1