2012-12-12doctorhousingbubble.com

It is amazing the amount of flipping going on in Southern California. To give you a concrete example. There was a home in Burbank that sold for $415,000 in August. After the prerequisite counters and stainless appliances, the house hits the market again at $519,000. By the way, this in a zip code with family income of $60,000. So in four months the little modifications added $104,000?


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread