The LA Times reports that a new study out of Redfin has underscored the current “bubbliness” of the Los Angeles housing market. Currently home prices are rising faster than incomes in the L.A. area as more people are putting their homes on the market and…
Skeptics who worried that the recent surge in the housing market was just a fluke are quickly realizing that US real estate is not showing any signs of slowing down. In fact, the housing market is doing better and better every month. More people are…
The number of foreclosures in California has gone down significantly over the last few months, which is great news for the state’s economy and for house flippers in general. However, the current lack of foreclosed properties on the market means that investors will need to…
The Daily News recently shared the story of a 1,600 square foot fixer-upper home in Granada Hills, CA, that was listed for sale. The agent, Alan Castillo listed the home for $278,250. Castillo had offers on the home within a day, eventually drawing 128 different…
A new video produced by Fox Business reports that while house flipping diminished significantly during the recession, house flippers are back and doing better than ever in the current economy. While housing markets are resurging and more buyers are re-entering the market, prices are still…
According to a recent article out of the Los Angeles Times, housing sales in Southern California are on the rise. While the past few years were marked by foreclosure and homeowners unwilling to consider pricier homes, the turn in the housing market over the last…
Many smart investors have considered house flipping at one time or another. The potential return on investment of house flipping makes it one of the most lucrative investment opportunities available. But in today’s economic climate, some investors are wary that house flipping might not be…
People who are new to house flipping often underestimate just how much it will cost to remodel the home that they have purchased. This common beginner mistake can take a major chunk out of the return on your investment. Here are a few things to…
If you’ve been looking into rehab loans, chances are you’ve come across the Federal Housing Administration’s rehab loan product, the FHA 203(k) loan. This loan is designed to help people who are interested in purchasing fixer-uppers secure a mortgage for such homes as well as…
Taking the extra steps to make a house you’re flipping more “green” can improve the value of the home and entice eco-conscience home buyers. However, there are a number of pitfalls that you need to be aware of when going green with your investment properties.…