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This Week in Real Estate: top home-flipping markets, remodeling favorites and more

by Chicago Agent

realtytrac-home-flippers-flipping-2015

This week wrapped up with new insights into popular remodeling projects in 2015 and the top home-flipping markets in the country. Stay up to date with the latest in real estate with our weekly news roundup:

  • The two remodeling projects people love most – A new NAHB study found that kitchen and bathroom remodeling were more common than ever in 2015, at 79 percent and 81 percent, respectively. Learn more about 2015’s most popular remodeling projects and how these projects have changed over the years here.   

 

  • A top market for home flippers – A new CoreLogic analysis finds that Chicagoland remains among the top home-flipping markets in the country. Landing amongst the top 20 markets for home flipping, median gross profit per flipper property in the Chicagoland area is 68.4 percent. Check out the full list here

 

  • Consumers pay – Regulation is a common talking point for homebuilders, and a new analysis finds that regulations of various kinds account for 24.3 percent of the final price of a new single-family home. Take a further look at NAHB’s new study to learn how government regulations affect final home prices here.

 

  • Student loan debt surprise – Do student loans harm homeownership? A new study casts some shade on that commonplace view. Researcher Susan Dynarskly, a senior fellow with the Brookings Institute and a University of Michigan economics professor, used Federal Reserve data to disprove the popularly reported on correlation between the two. Take a look at Dynarskly’s findings here

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