What a week of flippers!
What a week of flippers!
by Jim the Realtor | Jan 9, 2013 | Bubbleinfo TV, Flips | 7 comments
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When I was a kid, the only bat I used was his - legend: MLB: Hank Aaron dies at age of 86 https://sports.yahoo.com/mlb-hall-of-famer-braves-former-home-run-king-hank-aaron-dies-at-86-154633738.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo
"Although the residential NYC market froze up in March and April, it’s been booming in recent months." Compass’ Robert Reffkin bought $16M Tribeca pad: sources https://therealdeal.com/2021/01/21/compass-robert-reffkin-bought-16m-tribeca-pad-sources/?utm_medium=social&utm_source=twitter&utm_campaign=single_content_share
Americans are holding on to their homes longer, and that is helping drive house prices to near record highs
The typical homeowner in 2020 had remained in place for 13 years...well ahead of 2010’s reading of 8.7 years
$ITB $XHB $HD $LOW
https://www.wsj.com/articles/housing-market-stays-tight-as-homeowners-stay-put-11611226802?reflink=desktopwebshare_twitter via @WSJ
wow. just wow. flippers are dreaming. i hope buyers have patience. maybe this will be a stalemate year?
It’s so obvious that banks are colluding to set house prices it’s discussing. There was a day when collusion was illegal.
http://en.wikipedia.org/wiki/Collusion
If there were more properties on the market flippers wouldn’t be able to do this.
That first house is just hideous. I could frame in and tile that hot tub in an afternoon…lazy flippers!
@RJ
Whether or not buyers remain patient is quickly rendered moot when that one mentally unhinged person comes in with a full retail offer and then screws it up for everyone else. well, all the buyers I mean because potential sellers it when that happens.
I meant to say…..potential sellers love it when that happens.
thanks for the laugh on that Olivenhain property… you had me laughing right alony with you. we’ll have to wait and find out who’s laughing (or crying) in about 2014 – 15 when this bubble bursts.
@Just some guy
You are correct. There will always be someone that will mess it up for the patient/prudent.