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Investors Embracing Expansion of Real Estate Portfolios 

Appraisal Buzz

According to study data published by RentRedi , most American real estate investors intend to increase their portfolios and make large investments in renovating their existing properties in 2025, exhibiting a strong growth mindset. Some 27% of landlords nationwide intend to make renovations totaling at least $20k per property.

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Non-Mortgage Homeownership Costs Shock First-Time Buyers

Appraisal Buzz

While some homeowners prioritize their mortgage payments, those who are not financially prepared may face significant challenges due to other essential and frequent expenses such as homeowners insurance, property taxes, utilities, repairs, and maintenance. Census Bureau.

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Gross Profits on Home Flips on the Rise 

Appraisal Buzz

Profits and profit margins rose slightly in 2024 on typical buy-renovate-and-resell projects, but margins remained at one of their low points over the past decades, as investors continued struggling to take advantage of the nations housing market boom. The post Gross Profits on Home Flips on the Rise first appeared on Appraisal Buzz.

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Home Flipping Continued to Decline in 2024

Appraisal Buzz

Profits and profit margins on flips increased slightly in 2024 on typical buy-renovate-and-resell projects, but remain near 10-year lows. The latest nationwide return on investment (before accounting for mortgage interest, property taxes, renovation expenses and other holding costs) was up from 28.6%

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ATTOM: Home Flipping Was Less Profitable in the Third Quarter

Appraisal Buzz

It also stayed within a range that could easily be wiped out by carrying costs that include renovation expenses, mortgage payments and property taxes, exposing again the struggles U.S. The next six months should speak more The post ATTOM: Home Flipping Was Less Profitable in the Third Quarter appeared first on Appraisal Buzz.

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ATTOM: Home Flipping Increased Slightly in Q1, Average Profit Per Flip Soared to 30 Percent

Appraisal Buzz

It also stayed within a range that could easily be wiped out by carrying costs that include renovation expenses, mortgage payments and property taxes, ATTOM says. Gross profits on typical flips around the country, meanwhile, increased to $72,375. That remained down from a high of about $80,000 reached in 2022. “The

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BC Assessment vs Home Appraisals

D Fritz Appraisals

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. While assessments and appraisals both provide property valuations, their purpose, methods and impact on homeowners differ vastly.