Current Top Places in California to Flip Houses
If you’re flipping houses, California is the place to be. Redfin recently released data on the average gain from a flipped house in 2013. The data was broken down by metropolitan area, and of the ten areas with the highest per-flip gain, seven were in California. San Francisco topped the list with an average gross […]
Fall 2014 Real Estate Expectations
This time last year, house flipping was at its highest level in years. Prices were soaring and smart investors were snapping up the dwindling number of foreclosed properties left on the market in hot markets like California. This year, it’s a different story entirely — not necessarily better or worse, just different. In fall 2013, […]
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 […]
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 […]
Ideal Flip is the Ideal Purchase
Novice house flippers are often eager to pull the trigger on their first rehab investment. However, the real work of rehabbing doesn’t start when the property is purchased. The real work begins months before that with intensive research about the best places to buy and the property types that local buyers are looking for. Research […]
4 Hurdles House Flipping Investors Must Overcome
Fix and flip investing is one of the most profitable opportunities in the current housing market, but it’s not without its hurdles. Below are four of the most common challenges that house flipping professionals face and tips for overcoming them: 1. Finding a property at the right price. Fix and flip investors are regularly limited […]
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. […]