Flippers will be all over this bank-owned La Jolla view property – cash only:
Stopper
by Jim the Realtor | Jan 19, 2013 | Bubbleinfo TV, La Jolla, REOs for sale | 2 comments
by Jim the Realtor | Jan 19, 2013 | Bubbleinfo TV, La Jolla, REOs for sale | 2 comments
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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
Extended monthly so it doesn't seem permanent: https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Extends-Foreclosure-and-REO-Eviction-Moratoriums-1192021.aspx
Ending the step-up basis on inherited homes would benefit brokers, as would a $15,000 tax credit proposed by Biden for anyone buying a home after not owning one for three years. President Joe Biden’s real estate checklist https://therealdeal.com/miami/2021/01/20/president-joe-bidens-real-estate-checklist/?utm_medium=social&utm_source=twitter&utm_campaign=single_content_share
I’d make an all-cash offer. What do you think this would go for all fixed up?
Is this a situation where the flipper ran out of money? Because that is a messed up house.