More homebuyers are searching for homes in areas outside where they live. During Q2
this year, 60.3% of listing views in the top 100 metros went to homes in another
metro, an increase over the prior quarter and prior year.
Home flippers keep making money. Flippers who sold in June typically got 61%—or
$188,448—more than their original purchase price. This was down from 69% a year
earlier, though still a substantial gain.
A recent study by an online real estate database found that nearly 40% of first-time
homebuyers under the age of 30 used either a cash gift from family members, or
an inheritance, to help fund their down payments.
If you are looking at either buying or should you sell your home, give me a call and we
can discuss what may be right for you.
Mary Cockburn
505-639-2090
MaryCockburn.Realtor@gmail.com
