Thursday, November 14, 2013

The Housing Market That Makes You Want To Flip!

The days of profiting off of the real estate market are back! At least in the San Jose, Sunnyvale and Santa Clara area… In an article posted on Yahoo!, in the third quarter of this year the gross profit from flipping homes in our metropolitan area, were nearly three times the national average.  What does that mean to you? If you’re an investor with cash in hand, it could mean making quite a bit of money. If you’re a first time homebuyer, it could mean stiff competition when submitting an offer.  In either case this data should lead us to believe to be prepared for this upcoming spring, as it will probably be one filled with a lot of competition.


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