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Updated over 2 years ago on . Most recent reply
LA/OC market adjustment
It's been a while since I have been on the BP site, but I'm back. I currently buy fixers/dated properties for a flipping company in SoCal and we have been adjusting our numbers due to the recent decrease in buyer activity. And all of the other reasons too. Just curious to see how other investors in this region are adjusting down from the February-April tops. We are currently looking at 5-12% declines in neighborhoods that we focus on.
Most Popular Reply
@Nicholas Coulter Yeah, to me it seemed like March and April closings was the peak of the market and all down hill from there. It is refreshing to see and we are excited to see where this goes. In the meanwhile, we are still buying good deals, but they need to check all of the boxes.