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Updated over 10 years ago on . Most recent reply

User Stats

118
Posts
24
Votes
Raj Pat
  • San Jose, CA
24
Votes |
118
Posts

Is it me or has California market slowed down?

Raj Pat
  • San Jose, CA
Posted

Hi BP, I wanted to ask and see if anyone follows the California marketing esp the Bay Area? We all know SF is a hot place but what about the East/South Bay? Seems like sellers or agents are listing properties at all time highs. Increased amounts of price cuts, back on the market and actives staying on longer. I've heard people say recently "Oh it's because of the Holidays" I do not buy that because the last 2 years prior were booming around this time! From an investor stand point for FIX n Flip are you folks still playing in this game comfortable or just reaping the last bit of meat left on the bones? I wonder what will happen after elections. We're watching very closely these days. 

Note: After fixing and trying to flip a property for profits, seems like buyers are keeping conservative pricing and terms.

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