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Blog Entries by Bin He

The State of House Flipping in 2016 – Part II

Texas and Florida Flipping Activities Were Strong in 2016

Bin He    |    Housing Trends

Top 20 CBSAs

In Part I of this blog we discussed flipping activity in 2016 – investors buying homes, repairing and selling them within a short period of time for a profit – at the national level. Here we focus on flipping activity at the local metro level for 2016. A flipped property is defined as a property that is bought and sold within twelve months.

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The State of House Flipping in 2016 – Part I

At the National Level, Flipping Activity is the Second Lowest Since 2012

Bin He    |    Housing Trends

Flipping is the term used when an investor purchases a property, renovates and repairs it, and then re-sells it within a short period of time for a profit. In a blog series I published a while back, Is Flipping Coming Back? Part I and...

Stay One Step Ahead in the Housing Market

CoreLogic 10-city composite Pending Price Index reveals home price change would remain flat in October and November

Bin He    |    Property Valuation

Dist of Days Between Contract Date to Close Date

A home price index (HPI) is a vital tool for understanding valuation and risk trends in real estate markets. CoreLogic offers both the CoreLogic HPI® and the CoreLogic Case-Shiller Index® (CSI). Both proprietary indexes are highly trusted, widely respected and accepted valuation benchmarks. Since it takes time to record transactions, collect data and produce indexes, there is...

Say what?! Public Listing Comments Can Have an Impact on Days on Market?

Some Houses Selling Faster Than Others for a Reason

Bin He    |    Housing Trends

top word pairs that would reduce days on market for listed properties

When a property is listed, its days on market can be determined by multiple factors. Obviously if it’s priced lower than its fair market value then it tends to sell quickly. In addition to listing prices, housing characteristics, as well as amenities, can have an impact on days on market. In a previous two-series blog, Turning Words into Data,...

Home-Bidding Wars Heating up

More Than Half of Sales Are Above Listing Price in Some CA and WA Cities

Bin He    |    Housing Trends

top 30 cities with highest shares of bid properties

When demand is high and supply is low, home-bidding wars can break out and push home sale prices above their listing prices. In some of the hottest housing markets buyers are bidding against each other to pay more for homes. Using more than 700,000 home sales closed in Q2 2016, new analysis from CoreLogic shows the hottest real estate markets in which home-bidding wars are heating...