Key Highlights Raw-profit and ROI figures from typical home sale during Q3 2020 at highest points since 2012 Typical home sale generated $85,000, an increase of +38.6% compared to original purchase price Typical profit margins, percentage change between median purchase and resale prices, increased in 86% of US metro areas from Q3 2019 to Q3 2020 In another post summarizing...

Key Highlights Unexpectedly, existing home sales jumped +9.4% in September Median price of existing home sold was $311,800, a +14.8% gain compared with September 2019 Inventory of for-sale homes plummeted -19.2% annually to just 1.47M nationwide Sales of existing homes in September literally flew off the shelf. According to the National Association of REALTORS® (NAR), existing home sales skyrocketed...

Key Highlights All data reported and analyzed by CoreLogic saw larger y/y gains in August than July Strong demand + limited supply + low interest rates = accelerated home price gains CoreLogic’s 10 City Composite posted +4.7% gains in August and 10-City Composite +5.2% y/y FHFA Home Price Index reported strong home price gains of +1.5% from July to...

Key Highlights 23 – 37 year olds hit hard by economy both pre- and post-pandemic Characteristics of mid-pandemic homebuyers Impact of COVID on home buying plans Economically, things haven’t been so great for Millennials for a while now. Many older Millennials watched and experienced their families losing their homes during the Housing Crisis. If and when they graduated from college,...

Key Highlights - Look at how economy compares to Q4 2019 prior to pandemic to get more accurate read on current state of economy - Q3 2020 GDP will be -3-4% lower than Q4 2019 - To compare, GDP -4% over entire 1.5 year of Great Recession We’ve all seen relentless “spectacular” press releases regarding the record-setting economic recovery in Q3 2020. True,...

ITS SUNDAY! That means Tim and Julie Harris go (a little) off the rails and share with you wacky, wonderful and just plain strange stores from around the world. On today's show they share with you new technology that may change just about everything...Apple Glasses. Apple Glasses are fully integrated Virtual Reality wearables that could have more impact than...

Key Highlights ISoldMyHouse.com recommends 10 best cities to buy for UFO fans Company reviewed data from National UFO Reporting Center and compared cities with home prices Likely you remember that some time back in April, we posted videos of unidentified flying objects (UFOs) captured by US Navy pilots that were released by the Pentagon. Want to text me? Here is my number!...

Key Highlights According to Zumper, there are markets where rents rising Airdna, short-term rental data firm, points to best markets for short-term investing at current time It’s tough to be a landlord at any time but now is especially challenging with tenants struggling financially, eviction moratoriums still in place until December 31 and falling rents. BUT, some rental markets are...

Key Highlights Average FICO credit score hit 711 in July, a record high There is lag time between when big economic event occurs and when FICO score reflects that event During Great Recession begun in 2007, average FICO scores hit lowest point in late 2009 Want to text me? Here is my number! (512) 361-5121 (Yes, that is my real number, and...

Key Highlights From 2013 forward, sales volume affected by sea level rise exposure, according to new study from University of Pennsylvania’s Wharton School of Business From 2018 forward, prices began to fall in more-exposed home tracts Difference in sales price between 5% - 10% in 2020 Flood risk became real to homeowners in 2012 when Hurricane Sandy pounded Florida homes...