Homes Are Selling, Is Yours?

The better prepared you can be in advance of home shopping, the more likely you are going to be able to find a home. If you just want to shop, that is all you will do when the market has low inventory and investor cash flowing back in. Tax increases may slow the sales speed a little, but as with all things, the taxes will get passed on to the next person and the market will keep moving.

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Corona Del Mar Ocean Front Auction Ends Today

As I checked in this morning, the property was just approaching $6.0MM. As an investor, that is still a bargain with a lot of room to make money. As I right this there are just over 10 hours to go so I am interested to see if this is like poker and the two real bidders are waiting in the wings to make a snipe attempt at the end or if some lucky person is going to get a once in a lifetime buy on this land.

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