How much does it cost to sell your home? More than you might think.
Homeowners shell out an average $15,190 nationwide in the course of offloading a house, according to a new report from home sale website Zillow and Thumbtack, a local services marketplace. That includes real estate commissions, transfer taxes and hiring pros for common home prep projects like cleaning and repainting.
(The study assessed costs in the largest 35 metropolitan areas, excluding New York and San Jose.)
Some of those expenses could be a surprise for first-time sellers who represent nearly two-thirds of those who sold a home in the past year, per Zillow’s data.
“For those planning to sell this year, take your time to research all the costs you could be responsible for and how they may affect your profit, or even budget for your next home,” Jeremy Wacksman, chief marketing officer for Zillow, said in a statement.
equity market: MercadoLibre Inc.(MELI)
Advisors’ Opinion:
- [By Danny Vena]
As I have pointed out before, Latin American e-commerce leader Mercadolibre (NASDAQ:MELI)is enjoying some pretty serious demographic and technological tailwinds. With internet, smartphone, and e-commerce penetration far behind comparable adoption in the U.S., these trends will likely continue to drive growth for the foreseeable future. But seeing is believing, right?
- [By Javier Hasse]
“Take Mercadolibre Inc (NASDAQ: MELI), for example. When the stock market fell, they had enough cash in the bank to weather the storm; meanwhile, competitor DeRemate didn’t, and thus ended falling in oblivion. So, the lesson is: money is not a commodity.”
- [By Brian Feroldi, Dan Caplinger, Rich Duprey, Jason Hall, and Jordan Wathen]
So what other companies could potentially grow at a breakneck speed over the next few decades? We asked a team of Fools that very question, and they pickedMercadoLibre (NASDAQ:MELI),WisdomTree Investments(NASDAQ:WETF),Illumina (NASDAQ:ILMN), First Solar (NASDAQ:FSLR), andNVIDIA (NASDAQ:NVDA). Read on to find out why.
equity market: Brookline Bancorp Inc.(BRKL)
Advisors’ Opinion:
- [By Dividends4Life]
Memberships and Peers: PBCT is a member of the S&P 500 and a member of the Broad Dividend Achievers Index. The company’s peer group includes: Bank of America Corporation (BAC) with a 0.3% yield, Brookline Bancorp, Inc. (BRKL) with a 3.7% yield and Westfield Financial Inc. (WFD) with a 3.5% yield.
equity market: MINDBODY, Inc.(MB)
Advisors’ Opinion:
- [By Joe Tenebruso]
Mindbody (NASDAQ:MB) provides cloud-based software solutions to the health and wellness industry: Think spas, yoga studios, and fitness classes. It’s a massive market that’s gone largely underserved — and Mindbody is working to address that need.
- [By Peter Graham]
Small cap online wellness services stock MINDBODY Inc (NASDAQ: MB) reportedQ2 2017 earnings after the market closed Wednesday with results beating expectations. Total revenue was up 31% to $44.1 million as subscription and services revenue rose 29% to $26.0 million and payments revenue rose 37% to $17.6 million. End of period subscribers increased 6% year over year to 59,345, end of period High Value Subscribers increased 13% year over year, average monthly revenue per subscriber (ARPS) grew 21% year over year to approximately $244 and payments volume increased 22% year over year to over $1.9 billion. The GAAP net losswas $4.4 million versus a GAAP net loss of $6.6 million. Rick Stollmeyer, Co-founder and CEO of MINDBODY, commented:
- [By Peter Graham]
A long term performance chart shows Fitbit Inc initially surging after its IPO before loosing most of its value while large capGarmin Ltd (NASDAQ: GRMN) (which hasa fitness segment)has moved back and forth from positive to negative territory and small cap online wellness services stockMINDBODY Inc (NASDAQ: MB) has taken off for the past year:
- [By Peter Graham]
The Q3 2016 earnings report for small cap online wellness services stock MINDBODY Inc (NASDAQ: MB) is scheduled for after the market closes onWednesday (October 26th). MINDBODY Inc along withmid cap fitnessdevice stockFitbit Inc (NYSE: FIT) and small cap fitness center operator Planet Fitness Inc (NYSE: PLNT)allhad IPOsin the summer of 2015 raisingtalk of a fitness stock bubble brewing.
equity market: Swift Transportation Company(SWFT)
Advisors’ Opinion:
- [By Teresa Rivas]
Swift Transportation (SWFT) is up 18.2% on news that it will merge with Knight Transportation (KNX), up 11%.
Endo International(ENDP) is up 4.3% after preannouncing first-quarter earnings in line with analysts’ estimates.
Tesla (TSLA) is up 1.9% after Piper Jaffray upgraded the stock to Buy from Neutral.
J.M. Smucker (SJM) is down 1.1% after Morgan Stanley cut it to Underweight from Equal Weight.
Hilton Worldwide(HLT) is up 1.9% after Goldman Sachs upgraded it to Conviction Buy from Buy.
Ulta Beauty(ULTA) is up 0.7% after Loop Capital upgraded it to Buy from Hold.
Canada Goose (GOOS) is up 1.5% after a number of firms, including Goldman Sachs, Barclays, BMO Capital Markets, and Canaccord initiated coverage of the stock with a Buy rating, although it also got a few Hold ratings. as well.
- [By Rich Smith]
Knight Transportation (NYSE:KNX) is merging with Swift Transportation (NYSE:SWFT) to build a $5 billion trucking behemoth — and Wall Street thinks that’s a good thing.
- [By Craig Jones]
On CNBC's Fast Money Halftime Report, Jon Najarian said he noticed unusually high volume in the April 23 calls in Swift Transportation Co (NYSE: SWFT) on Wednesday. Traders bought around 3,500 contracts in the first half of the trading session and they $1 paid for them. The trade breaks even at $24 or 8.45 percent above the current market price. Jon Najarian followed the trade and he is planning to hold the position for two weeks.
