Posts Tagged ‘house’

Home Flipping Volume Rises to 9-Year High

Posted on June 19, 2017 by Laura Lam

ATTOM Data Solutions’ Q1 2017 U.S. Home Flipping Report revealed that 43,615 single family homes and condos were flipped during Q1 2017, which was an 8% decrease from the previous quarter and a 6% decrease from a year ago. Home flips in Q1 2017 accounted for 6.7% of all single family home and condo sales during the quarter, up from 5.8% in the previous quarter and unchanged from a year ago. A home flip is defined as a property that is sold in an arms-length sale for the second time within a 12-month period.  One-third (33.3%) of all single family…

The New American Dream

Posted on September 09, 2013 by Saldutti

A great number of Americans are redefining the American Dream. That was the takeaway from a recent Credit.com poll, which showed that nearly 1 in 4 people between the ages of 18 and 24 defined the American Dream as being debt-free. Shockingly, that’s more than those who dream of owning a home. Once upon a time, the American Dream was a Technicolor affair, replete with two and a half thriving, college-bound kids, a dog or cat and not one, but two cars in the garage that were owned outright, or would be before they were ready for the crusher. Finally,…

What's It Worth?

Posted on June 14, 2011 by Saldutti

The Monetary Value Of A Happy Marriage Economists David Blanchflower and Andrew Oswald calculated the “compensation value” of life events like employment and marriage by surveying 100,000 Americans and Britons from the 1970s to the 1990s.  In terms of happiness, they found that marriage was worth an impressive $100,000 annually.  Meanwhile the psychological value of employment is worth $60,000 annually.  New York Times columnist David Brooks mentioned this study in his new book, The Social Animal: The Hidden Sources of Love, Character and Achievement. But he went a step further: People vastly overvalue work, money, and real estate. They vastly…