Good News, Investors – Home Buying Remains Strong
From the moment the market bottomed out in 2012 until now, home prices have been on the up and up. Sale numbers are slowing down this year, but with inventories still much lower than their usual levels and buyer confidence at its highest level in years, home prices are on the rise. That’s good news […]
Are California Real Estate Conditions Stabilizing for the Rest of 2014?
Recent data on the California housing market confirms what many experts have suspected since the beginning of 2014: This year, the housing market is calming down, but home prices are still going up. An article in the Los Angeles Times reports that home prices across Southern California were up 11.4% compared to the same month […]
Foreign Purchases of U.S. Real Estate up by 35%
Forbes recently shared some surprising data regarding the current housing market. Evidently, the US housing market is a lot more global than you might think. According to data out of the National Association of Realtors (NAR), 35% of all homes purchased in America last year were purchased by foreign buyers, primarily from China, the UK, […]
Our Top 5 House Flipping App Picks
Perhaps the most powerful tool any house flipper has is their smart phone. All human knowledge is at your fingertips with a 4G connection, and that includes a wide variety of information and resources on available properties, deal calculators, and house flipping loans. Here are five of our favorite house flipping apps and sites to […]
House Flipping Remains Lucrative for Investors
Real estate data firm RealtyTrac has released exciting new data for house flipping professionals. While the total percentage of homes flipped in the United States went down from 4.1% in the fourth quarter of 2013 to 3.7% in the first quarter of 2014, the gross profit house flippers earned over the same period went up […]
Fresno One of the Top Performing Real Estate Markets
The Fresno Bee recently reported that Fresno has made the list of the highest performing housing markets nationwide, based on new data out of Clear Capital, a real estate data firm. Clear Capital lists the top 15 housing markets based on changes in home price over the last quarter. Back in 2011, Fresno was on […]
March a Huge Month for Home Sales in California
New data out of San Diego-based real estate firm DataQuick shows home sales were up 28.2% over the previous month. This substantial increase shows that the California market is quickly rising out of its winter housing slump and entering the prime buying season of spring. House flippers should take note and snatch up properties before […]
California Sellers Have the Upper Hand this Spring
According to the Los Angeles Times, sellers currently have the upper hand in many of California’s biggest housing market. Home prices leveled off during the winter months, as is typical of that time of year, but in strong seller’s markets, homes sold quickly and with very few price cuts. In top markets around California, home […]
House Flipping Grows by 114% in the US
RealtyTrac has released data on the top six states for house flipping in 2013, and California is second on the list. According to an article out of USA Today, more than 156,000 homes were flipped in 2013, which marked a significant uptick from 2012, and more homes were flipped in California than any other state. […]
It’s Become Cheaper to Rent than to Own in California
The LA Times has shared new data out of RealtyTrac which shows that it’s now cheaper to rent than own a home in many of California’s largest metropolitan areas. Only 29 large counties across the nation are in a situation in which renting is cheaper than owning, but that list includes Los Angeles, Orange, Ventura, […]