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 […]
Who’s Buying Homes in 2018?
Every year around this time, the house flipping industry makes its predictions about what will happen in the year to come. Last year, everyone thought that mortgage rates would go up, new construction would ease the lack of inventory, and prices would tick up slightly. We now know that mortgage rates stayed just about where […]
2015 California Real Estate Market Recap
In June, the California Association of Realtors put out a report that compiles data from the last several years up through the first half of this year. The report uses the data to forecast the state of the California housing market through 2016, and the numbers look great. Based on the data gathered, there is […]
May Numbers Favorable for California Real Estate Market
The California Association of Realtors has posted new numbers for the month of May, and there is a lot of great news for house flippers. Pending home sales are on the rise, and a large portion of buyers are paying above asking price for their new homes. This continues to be a seller’s market as […]
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, […]
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 […]
San Diego Real Estate Highlight
For fix & flip investors, the last year has been an exceptionally good one. Home prices are up all over the country and the market is showing little sign of slowing down. So how can you make next year even better than this one? Simple: Start flipping houses in paradise. San Diego, CA, is one […]