How Will Rent Control Impact Home Buyer Behavior in California
In the lead up to the midterm elections, there has been a lot of heated debate about California rent control. Since 1995, a state law called the Costa-Hawkins Rental Housing Act has restricted the ability of cities to set their own rent control policies. This is part of why rent and home prices are extremely […]
Hot and Not So Hot States to Flip Homes
GOBankingRates recently ran the house flipping data and put together a list of the ten best and worst states to flip in. They took a look at the median home list price, the average number of days it takes to flip a house, the average gross profit per flip, and the average gross ROI in […]
House Flipping is at an 11 Year High
House flipping has been on a slow and steady rise since 2014, and now NPR reports that house flipping is at an eleven-year high. Now, this news could be taken as either a great sign for house flippers or a warning sign for the economy at large. Let’s take a closer look at the numbers […]
Our Expectations Regarding Real Estate Inventory in 2018
Reduced inventory has been a blessing and a curse for house flippers over the last few years. According to Forbes, 967,604 homes were for sale in November 2010. In November of last year, that figure was down to 653,347. On the positive side, low inventories have helped drive home prices up. But on the negative side, […]
How Did the House Flipping Industry Perform in 2017?
Last month, ATTOM Data released its report on the house flipping industry for the third quarter of 2017. The numbers show an overall downturn for rehab investors across the country, but there are numerous pockets where the trends are actually on an upward swing. Let’s take a closer look at the numbers: $66,448 – the average gross […]
ZINC is Primed for Success in 2018
2017 was quite the year for house flipping news. At the start of the year, there was a great deal of uncertainty about what the economy would do, whether a housing bubble was set to burst, and whether rehab investors would be able to find viable house flipping opportunities. But now that the year is […]