Profit margin on flipping a home is at a 17-year low due to high prices
By ALEX VEIGA, AP Business Writer LOS ANGELES (AP) — It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008,
Californians pay ninth-highest HOA fees in US
To Californians who think their homeowner association fees are too high: take a dash of solace in knowing it could be worse. My trusty spreadsheet examined one housing cost the Census Bureau hadn’t previously broken out: dues paid to homeowners’ association or other condominium fees. The recent rele
Does Senate Bill 79 go too far by overriding local zoning to build housing near transit hubs?
California lawmakers approved a bill in mid-September that would override local zoning to build housing near transit hubs. Senate Bill 79 allows for taller, denser housing near transit corridors such as bus stops and train stations: up to nine stories for buildings adjacent to certain transit stops,
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